Major Rating Factors:
A current level of 20.0 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Very Weak asset quality (0.9).
Other Rating Factors:
Excellent current capitalization (9.1 on a scale of 0 to 10) based on a risk-based capital ratio of 15.4 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 (6.0 on a scale of 0 to 10).
Asset Mix:
Comm re (39%), cash (19%), home mtgs (16%), comm loans (4%), securities (3%), consumer loans (1%), other (19%)
States with Branches:
TX
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
Steele Bancshares, Inc.
Investment Rating
--
Address
102 Front Street
Arp, TX 75750
Arp, TX 75750
Phone Number
Year Founded
1911
FDIC Number
Website
Largest Affiliates
No affiliate information available.