MidFirst Bank

Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.7 on a scale of 0 to 10). A current level of 1.3 percent of nonperforming loans to core capital combined with 0.8 percent from a year earlier contributes to the Excellent asset quality (8.2).

Other Rating Factors: Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 18.9 and a capital leverage ratio of 8.9. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.3 has resulted in Fair (4.4) profitability.

Asset Mix: Home mtgs (53%), comm re (17%), securities (12%), comm loans (6%), cash (1%), home eq lns (1%), consumer loans (1%), other (11%)

States with Branches: AZ, CA, CO, OK, TX, UT

Asset Quality

Non-Performing Loans to Capital

1.34%

Non-Performing Assets to Assets

0.15%

Non-Performing Loans to Loans

0.14%

Loan Loss Reserves to Loans

0.65%

Charge-Offs to Average Loans

0.01%

5-Year Charge-Offs to Average Loans

-0.01%

5-Year Asset Growth

22.54%

1-Year Asset Growth

5.68%

Profitability

Operating Profit to Average Assets

1.37%

Return on Equity

13.28%

Net Interest Spread

2.76%

5-Year ROAA (Return on Average Assets)

1.94%

Overhead Efficiency Ratio

54.53%

Liquidity

Liquidity Ratio

12.80%

Hot Money

8.61%

Corporate Info

Group Affiliation

Midland Financial Co.

Investment Rating

Address

501 NW Grand Boulevard
Oklahoma City, OK 73118

Phone Number

(405) 767-7000

Year Founded

1911

FDIC Number

4063

Website

http://www.midfirst.com

Largest Affiliates

No affiliate information available.