Major Rating Factors:
A current level of 11.3 percent of nonperforming loans to core capital combined with 4.5 percent from a year earlier contributes to the Fair asset quality (4.7). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Weak (1.9) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.9 and a capital leverage ratio of 13.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (20%), cash (19%), comm re (19%), home eq lns (14%), securities (6%), comm loans (3%), consumer loans (0%), other (18%)
States with Branches:
FL, IL
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Waterman Acquisition Group, LLC
Investment Rating
--
Address
248 West Lincoln Highway
Waterman, IL 60556
Waterman, IL 60556
Phone Number
(815) 264-3201
Year Founded
1891
FDIC Number
Website
Largest Affiliates
No affiliate information available.