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 (5.0 on a scale of 0 to 10). Good current capitalization (5.7 on a scale of 0 to 10) based on a net capital to total assets of 8.1 and a net worth ratio of 9.8.
Other Rating Factors:
Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 0.9 has resulted in Excellent (7.3) profitability. A current level of 10.0 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Good asset quality (6.7).
Asset Mix:
Consumer loans (26%), home mtgs (7%), other (67%)
Largest Competitors
Huntsville, AL
Birmingham, AL
Birmingham, AL
Montgomery, AL
Tuscaloosa, AL