The State Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.3. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10). Fair liquidity 4.1, driven by a liquidity ratio of 46.7 percent and a “hot money” ratio of 27.7 percent.
Asset Mix:
Securities (36%), home mtgs (19%), cash (14%), comm re (8%), comm loans (5%), consumer loans (2%), home eq lns (1%), other (14%)
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
State Banco, Ltd.
Investment Rating
--
Address
1902 Hill Avenue
Spirit Lake, IA 51360
Spirit Lake, IA 51360
Phone Number
(712) 336-2455
Year Founded
1928
FDIC Number
Largest Affiliates
No affiliate information available.