Major Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.0 and a capital leverage ratio of 10.3. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (7.3) profitability.
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 3.6 percent from a year earlier contributes to the Good asset quality (6.6). 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).
Asset Mix:
Comm re (34%), securities (18%), cash (9%), home mtgs (7%), comm loans (5%), home eq lns (2%), consumer loans (1%), other (24%)
States with Branches:
GA
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
Planters First Bancorp
Investment Rating
--
Address
910 South Greer Street
Cordele, GA 31015
Cordele, GA 31015
Phone Number
(229) 273-2416
Year Founded
1896
FDIC Number
Website
Largest Affiliates
No affiliate information available.