Stars fall on Mississippi banks: Bauer designates 45 ‘superior’
by Ted Carter Published: March 20,2011
Tags: BauerFinancial, Cadence, Commercial Bank, Coral Gables, Dekalb bank, Heritage Banking Group of Carthage, OmniBank
Nearly half of the Mississippi’s 92 banks and savings and loan institutions received BauerFinancial’s highest rating, a “superior” designation of five stars, for the fourth quarter. In setting its rating, the Coral Gables, Fla-based BauerFinancial evaluates – among other factors — profitability/loss trend, delinquent loans levels, charge-offs and repossessed assets, the market versus book value [...] [...]
