Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). A current level of 13.1 percent of nonperforming loans to core capital combined with 7.1 percent from a year earlier contributes to the Good asset quality (5.4).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 25.5 and a capital leverage ratio of 14.8. Operating profits as a percentage of assets at 3.5%, coupled with a return on assets of 2.6 has resulted in Excellent (10.0) profitability.
Asset Mix:
Home mtgs (63%), comm re (10%), home eq lns (9%), cash (5%), securities (2%), comm loans (1%), consumer loans (0%), other (10%)
States with Branches:
TN
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
Apex Bancorp, Inc.
Investment Rating
--
Address
102 East Main Street
Camden, TN 38320
Camden, TN 38320
Phone Number
(731) 584-8236
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.