Major Rating Factors:
A current level of 8.4 percent of nonperforming loans to core capital combined with 3.6 percent from a year earlier contributes to the Fair asset quality (4.7).
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 10.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10).
Asset Mix:
Comm re (32%), home mtgs (22%), cash (11%), securities (9%), comm loans (3%), home eq lns (3%), consumer loans (0%), other (19%)
States with Branches:
NC, SC, VA
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
Investment Rating
--
Address
1296 Piney Forest Road
Danville, VA 24540
Danville, VA 24540
Phone Number
(434) 792-0198
Year Founded
1919
FDIC Number
Website
Largest Affiliates
No affiliate information available.