Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 26.1. A current level of 2.7 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (8.5).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.8 has resulted in Excellent (7.6) profitability.
Asset Mix:
Securities (63%), comm re (5%), home mtgs (4%), comm loans (2%), cash (2%), consumer loans (1%), other (23%)
States with Branches:
IA
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
Dentel Bancorporation
Investment Rating
--
Address
201 West Jackson Street
Corydon, IA 50060
Corydon, IA 50060
Phone Number
(641) 872-2212
Year Founded
1926
FDIC Number
Website
Largest Affiliates
Pocahontas, IA
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Bank
Maxwell, IA
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Bank