Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 15.7 and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.4 on a scale of 0 to 10).
Other Rating Factors:
A current level of 9.7 percent of nonperforming loans to core capital combined with 2.8 percent from a year earlier contributes to the Fair asset quality (4.6). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Fair (4.3) profitability.
Asset Mix:
Securities (25%), comm loans (11%), home mtgs (11%), cash (9%), 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.