Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.8. A current level of 1.0 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Excellent asset quality (9.2).
Other Rating Factors:
Fair liquidity 4.4, driven by a liquidity ratio of 48.6 percent and a “hot money” ratio of 22.4 percent. Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.5) profitability.
Asset Mix:
Securities (31%), home mtgs (25%), cash (19%), comm loans (4%), consumer loans (3%), comm re (0%), other (18%)
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
Bankers Equity Corporation
Investment Rating
--
Address
2801 Hollenbeck Road
Palo, IA 52324
Palo, IA 52324
Phone Number
(319) 851-2241
Year Founded
1908
FDIC Number
Website
Largest Affiliates
No affiliate information available.