Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (3.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.8 on a scale of 0 to 10) and a capital leverage ratio of 10.8. A current level of 0.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.4).
Asset Mix:
Comm re (29%), securities (20%), home mtgs (10%), comm loans (8%), cash (4%), home eq lns (2%), consumer loans (1%), other (26%)
States with Branches:
IA
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
PSB Corporation
Investment Rating
--
Address
121 South State Street
Denver, IA 50622
Denver, IA 50622
Phone Number
(319) 984-5635
Year Founded
1902
FDIC Number
Website
Largest Affiliates
Wellsburg, IA
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Bank