Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.7) profitability. A current level of 15.6 percent of nonperforming loans to core capital combined with 15.8 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 9.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (33%), comm re (16%), comm loans (11%), cash (9%), securities (5%), consumer loans (4%), home eq lns (1%), other (21%)
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
Forrest Bancshares, Inc.
Investment Rating
--
Address
133 East Krack Street
Forrest, IL 61741
Forrest, IL 61741
Phone Number
(815) 657-8248
Year Founded
1914
FDIC Number
Largest Affiliates
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