Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 21.2. A current level of 2.6 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.1).
Asset Mix:
Cash (35%), home mtgs (30%), securities (11%), comm re (6%), comm loans (5%), consumer loans (3%), other (10%)
States with Branches:
MI
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
Investment Rating
--
Address
124 South Phelps Street
Decatur, MI 49045
Decatur, MI 49045
Phone Number
(269) 423-7014
Year Founded
1870
FDIC Number
Website
Largest Affiliates
No affiliate information available.