Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) and a capital leverage ratio of 10.8. A current level of 0.8 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Excellent asset quality (8.3).
Other 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 (4.8 on a scale of 0 to 10). Fair liquidity 3.9, driven by a liquidity ratio of 40.8 percent and a “hot money” ratio of 19.5 percent.
Asset Mix:
Securities (31%), home mtgs (9%), comm re (7%), cash (7%), comm loans (5%), consumer loans (2%), other (40%)
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
Whitmore Company, Inc.
Investment Rating
--
Address
120 East Washington Street
Clarinda, IA 51632
Clarinda, IA 51632
Phone Number
(712) 542-5661
Year Founded
1866
FDIC Number
Website
Largest Affiliates
No affiliate information available.