Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Good (6.2) profitability. A current level of 17.7 percent of nonperforming loans to core capital combined with 10.9 percent from a year earlier contributes to the Fair asset quality (3.9).
Asset Mix:
Securities (26%), home mtgs (16%), comm re (13%), comm loans (11%), consumer loans (9%), cash (4%), home eq lns (1%), other (21%)
States with Branches:
AL
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Merchants and Farmers Bancshares, Inc.
Investment Rating
--
Address
302 Prairie Avenue
Eutaw, AL 35462
Eutaw, AL 35462
Phone Number
(205) 372-3311
Year Founded
1900
FDIC Number
Website
Largest Affiliates
No affiliate information available.