The Friendship State Bank
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 (4.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Fair (3.2) profitability.
Other Rating Factors:
A current level of 0.8 percent of nonperforming loans to core capital combined with 1.8 percent from a year earlier contributes to the Excellent asset quality (9.0). Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 16.3 and a capital leverage ratio of 8.6.
Asset Mix:
Securities (34%), home mtgs (31%), comm re (8%), home eq lns (4%), cash (3%), consumer loans (2%), comm loans (1%), other (16%)
States with Branches:
IN
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
Friendship Bancorp
Investment Rating
--
Address
5908 East Main Street, State Route 62
Friendship, IN 47021
Friendship, IN 47021
Phone Number
(812) 667-5101
Year Founded
1912
FDIC Number
Largest Affiliates
No affiliate information available.