Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.0. A current level of 5.3 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Excellent asset quality (7.8).
Other 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 (4.9 on a scale of 0 to 10). Fair liquidity 4.4, driven by a liquidity ratio of 48.6 percent and a “hot money” ratio of 10.8 percent.
Asset Mix:
Securities (37%), home mtgs (31%), consumer loans (6%), cash (5%), comm re (5%), home eq lns (3%), comm loans (2%), other (12%)
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
Mayville Financial Corporation
Investment Rating
--
Address
37 East Ohmer Road
Mayville, MI 48744
Mayville, MI 48744
Phone Number
(989) 843-6145
Year Founded
1885
FDIC Number
Website
Largest Affiliates
No affiliate information available.