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 (4.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.4) profitability.
Other Rating Factors:
A current level of 0.2 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (8.6). Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 12.0 and a capital leverage ratio of 8.3.
Asset Mix:
Home mtgs (15%), securities (13%), comm re (11%), cash (9%), comm loans (8%), consumer loans (1%), other (42%)
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
Iowa State Financial Services Corporation
Investment Rating
--
Address
55 South Fourth Street
Fairfield, IA 52556
Fairfield, IA 52556
Phone Number
(641) 472-3161
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.