Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 3.4 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Good asset quality (7.0). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.3 has resulted in Good (6.0) profitability.
Asset Mix:
Securities (27%), comm re (18%), comm loans (10%), home mtgs (9%), cash (2%), home eq lns (2%), consumer loans (1%), other (32%)
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
KenBancorp
Investment Rating
--
Address
111 North Fourth Street
Kentland, IN 47951
Kentland, IN 47951
Phone Number
(219) 474-1500
Year Founded
1932
FDIC Number
Website
Largest Affiliates
No affiliate information available.