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 10.4 percent of nonperforming loans to core capital combined with 8.1 percent from a year earlier contributes to the Good asset quality (5.7).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 24.0 and a capital leverage ratio of 14.8. Operating profits as a percentage of assets at 3.6%, coupled with a return on assets of 2.7 has resulted in Excellent (10.0) profitability.
Asset Mix:
Home mtgs (61%), comm re (10%), cash (9%), home eq lns (8%), securities (1%), 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.