Major Rating Factors:
A current level of 6.2 percent of nonperforming loans to core capital combined with 9.2 percent from a year earlier contributes to the Fair asset quality (3.8). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.5 has resulted in Fair (3.0) profitability.
Other Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.4 on a scale of 0 to 10).
Asset Mix:
Comm loans (25%), comm re (18%), cash (18%), home mtgs (15%), consumer loans (8%), home eq lns (1%), other (14%)
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
Morning Sun Bank Corp.
Investment Rating
--
Address
409 Highway 61, South
Wapello, IA 52653
Wapello, IA 52653
Phone Number
(319) 523-5200
Year Founded
1931
FDIC Number
Website
Largest Affiliates
No affiliate information available.