Major Rating Factors:
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 (9.0). Good current capitalization (6.6 on a scale of 0 to 10) and a capital leverage ratio of 8.7.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Fair (4.5) profitability.
Asset Mix:
Home mtgs (21%), securities (20%), cash (15%), comm re (15%), comm loans (5%), home eq lns (3%), consumer loans (2%), other (20%)
States with Branches:
IN
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
FM Fincorp
Investment Rating
--
Address
6464 Merchants Drive
Laotto, IN 46763
Laotto, IN 46763
Phone Number
(260) 637-5546
Year Founded
1914
FDIC Number
Website
Largest Affiliates
No affiliate information available.