Replies to post #50 on Allied First Bancorp, Inc. (fka AFBA)

[genlou]

jBaxter, AFBA is well capitalized.As long as the bank is well capitalized our investment is safe.


http://www.ibanknet.com/scripts/callreport



Capital categories. For purposes of section 38 and this subpart, a bank shall be deemed to be:

(1) Well capitalized if the bank:

(i) Has a total risk-based capital ratio of 10.0 percent or greater; and

(ii) Has a Tier 1 risk-based capital ratio of 6.0 percent or greater; and

(iii) Has a leverage ratio of 5.0 percent or greater; and