Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 2.8 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Good asset quality (5.6).
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) and a capital leverage ratio of 10.3. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Excellent (7.2) profitability.
Asset Mix:
Comm re (40%), securities (12%), comm loans (8%), home mtgs (7%), cash (3%), home eq lns (1%), consumer loans (1%), other (28%)
States with Branches:
CO
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
Grinnell Bancshares, Inc.
Investment Rating
--
Address
301 Colorado Avenue
La Junta, CO 81050
La Junta, CO 81050
Phone Number
(719) 384-8131
Year Founded
1907
FDIC Number
Website
Largest Affiliates
Grinnell, IA
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Bank