Major Rating Factors:
Excellent current capitalization (9.4 on a scale of 0 to 10) based on a risk-based capital ratio of 15.0 and a capital leverage ratio of 10.6. 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 11.1 percent of nonperforming loans to core capital combined with 6.3 percent from a year earlier contributes to the Fair asset quality (4.5). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.7 has resulted in Fair (3.9) profitability.
Asset Mix:
Securities (24%), comm loans (12%), home mtgs (11%), cash (8%), comm re (6%), consumer loans (1%), home eq lns (1%), other (37%)
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.