Major Rating Factors:
Excellent current capitalization (8.0 on a scale of 0 to 10) and a capital leverage ratio of 9.6. A current level of 2.1 percent of nonperforming loans to core capital combined with 9.5 percent from a year earlier contributes to the Excellent asset quality (7.9).
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 (5.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Fair (4.6) profitability.
Asset Mix:
Home mtgs (38%), securities (20%), comm loans (14%), home eq lns (3%), consumer loans (3%), cash (2%), comm re (1%), 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
Home National Corporation
Investment Rating
--
Address
117 East Main Street
Thorntown, IN 46071
Thorntown, IN 46071
Phone Number
(765) 436-2222
Year Founded
1901
FDIC Number
Largest Affiliates
No affiliate information available.