Thread Bank
Major Rating Factors:
A current level of 1.0 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (8.9). Excellent current capitalization (8.1 on a scale of 0 to 10) based on a risk-based capital ratio of 24.5 and a capital leverage ratio of 9.8.
Other Rating Factors:
Good liquidity 5.0, driven by a liquidity ratio of 45.4 percent and a “hot money” ratio of 2.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.8 on a scale of 0 to 10).
Asset Mix:
Securities (39%), home mtgs (15%), cash (11%), comm re (8%), consumer loans (5%), comm loans (5%), home eq lns (3%), other (14%)
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
Thread Bancorp Inc.
Investment Rating
--
Address
210 East Main Street
Rogersville, TN 37857
Rogersville, TN 37857
Phone Number
(423) 272-2200
Year Founded
1906
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.