Major Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 10.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10).
Other Rating Factors:
A current level of 10.5 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Fair asset quality (4.5). Fair liquidity 3.6, driven by a liquidity ratio of 34.6 percent and a “hot money” ratio of 14.0 percent.
Asset Mix:
Securities (23%), home mtgs (11%), comm loans (9%), cash (9%), comm re (7%), home eq lns (1%), consumer loans (1%), other (39%)
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
Village Investment Company
Investment Rating
--
Address
2000 West Jefferson Avenue
Fairfield, IA 52556
Fairfield, IA 52556
Phone Number
(641) 472-9839
Year Founded
1901
FDIC Number
Website
Largest Affiliates
No affiliate information available.