Major Rating Factors:
Weak profitability (2.8 on a scale of 0 to 10) with investment income below regulatory standards in relation to interest assumptions of reserves. Weak overall results on stability tests (2.4) including weak risk diversification exacerbated by a small asset and capital base. Good capitalization (5.7) based on good risk adjusted capital (severe loss scenario).
Other Rating Factors:
Good quality investment portfolio (5.0). Excellent Liquidity (7.1).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Other (100%)
Licensed in:
LA, MS
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
118 South Wall Street
Natchez, MS 39120
Natchez, MS 39120
Phone Number
(601) 442-4041
NAIC Number
75337
Website
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Largest Affiliates
No affiliate information available.