Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.5 has resulted in Good (5.9) profitability.
Other Rating Factors:
A current level of 2.6 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (7.7). Excellent current capitalization (7.6 on a scale of 0 to 10) and a capital leverage ratio of 9.4.
Asset Mix:
Comm re (20%), cash (14%), home mtgs (14%), securities (9%), comm loans (9%), home eq lns (2%), consumer loans (1%), other (32%)
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
Albrecht Financial Services, Inc.
Investment Rating
--
Address
801 Main Street
Norwalk, IA 50211
Norwalk, IA 50211
Phone Number
(515) 981-4234
Year Founded
1895
FDIC Number
Website
Largest Affiliates
No affiliate information available.