Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.4 has resulted in Weak (1.3) profitability. A current level of 37.0 percent of nonperforming loans to core capital combined with 31.2 percent from a year earlier contributes to the Very Weak asset quality (0.0).
Other Rating Factors:
Excellent current capitalization (8.8 on a scale of 0 to 10) and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Asset Mix:
Comm loans (33%), comm re (14%), consumer loans (10%), securities (9%), home mtgs (7%), cash (5%), other (23%)
States with Branches:
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
Iuka Bancshares Inc
Investment Rating
--
Address
205 West Main Street
Salem, IL 62881
Salem, IL 62881
Phone Number
(618) 548-9200
Year Founded
1910
FDIC Number
Website
Largest Affiliates
No affiliate information available.