Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.5 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.4 has resulted in Good (6.1) profitability. A current level of 5.7 percent of nonperforming loans to core capital combined with 19.3 percent from a year earlier contributes to the Good asset quality (5.0).
Asset Mix:
Securities (22%), home mtgs (11%), comm re (8%), comm loans (7%), cash (3%), consumer loans (3%), other (46%)
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
No affiliate information available.