Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.4. A current level of 0.4 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (9.2).
Other Rating Factors:
Fair liquidity 4.3, driven by a liquidity ratio of 47.5 percent and a “hot money” ratio of 23.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.9 on a scale of 0 to 10).
Asset Mix:
Securities (33%), home mtgs (26%), cash (16%), comm loans (3%), 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.