Major Rating Factors:
Excellent current capitalization (9.8 on a scale of 0 to 10) and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (5.6) profitability. A current level of 8.6 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Fair asset quality (4.9).
Asset Mix:
Securities (38%), home mtgs (12%), cash (8%), comm loans (8%), comm re (4%), consumer loans (2%), other (29%)
States with Branches:
IL
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
Summit Bancshares, Ltd.
Investment Rating
--
Address
101 East Main Street
Olney, IL 62450
Olney, IL 62450
Phone Number
(618) 395-8541
Year Founded
1934
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.