Major Rating Factors:
Operating profits as a percentage of assets at 2.7%, coupled with a return on assets of 0.8 has resulted in Excellent (7.4) profitability. A current level of 10.8 percent of nonperforming loans to core capital combined with 8.6 percent from a year earlier contributes to the Good asset quality (6.6).
Other Rating Factors:
Good current capitalization (6.1 on a scale of 0 to 10) based on a net capital to total assets of 8.5 and a net worth ratio of 11.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Consumer loans (39%), home mtgs (29%), securities (0%), other (32%)
Largest Competitors
Tysons, VA
Newport News, VA
Richmond, VA
Herndon, VA