The Friendship State Bank
Major Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Excellent asset quality (9.0). Good current capitalization (6.4 on a scale of 0 to 10) based on a risk-based capital ratio of 16.2 and a capital leverage ratio of 8.4.
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 (4.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (3.5) profitability.
Asset Mix:
Securities (33%), home mtgs (32%), comm re (9%), home eq lns (3%), consumer loans (2%), cash (2%), comm loans (1%), other (18%)
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.