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). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.6) profitability.
Other Rating Factors:
A current level of 2.6 percent of nonperforming loans to core capital combined with 0.9 percent from a year earlier contributes to the Excellent asset quality (7.6). Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 11.4 and a capital leverage ratio of 9.1.
Asset Mix:
Home mtgs (30%), comm re (18%), securities (10%), comm loans (7%), home eq lns (6%), consumer loans (3%), cash (2%), other (26%)
States with Branches:
KY
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
Farmers Bancorp, Inc. of Marion, Kentucky
Investment Rating
--
Address
201 South Main Street
Marion, KY 42064
Marion, KY 42064
Phone Number
(270) 965-3106
Year Founded
1899
FDIC Number
Website
Largest Affiliates
No affiliate information available.