Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 2.7 percent of nonperforming loans to core capital combined with 16.1 percent from a year earlier contributes to the Excellent asset quality (7.1). Weak liquidity 3.0, driven by a liquidity ratio of 32.4 percent and a “hot money” ratio of 32.4 percent.
Asset Mix:
Securities (27%), home mtgs (10%), comm re (9%), comm loans (7%), cash (3%), consumer loans (2%), other (41%)
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
Cherry Bancorporation, Inc.
Investment Rating
--
Address
110 South Main Street
Cherry, IL 61317
Cherry, IL 61317
Phone Number
(815) 894-2345
Year Founded
1906
FDIC Number
Website
Largest Affiliates
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