Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 18.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.9 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (8.7). Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.7 has resulted in Good (6.7) profitability.
Asset Mix:
Securities (43%), comm re (20%), home mtgs (10%), comm loans (7%), consumer loans (4%), cash (2%), home eq lns (1%), other (13%)
States with Branches:
TN