Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 21.9 and a capital leverage ratio of 15.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors: A current level of 0.4 percent of nonperforming loans to core capital combined with 0.8 percent from a year earlier contributes to the Excellent asset quality (8.7). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.4 has resulted in Good (6.5) profitability.
Asset Mix: Securities (33%), comm re (26%), comm loans (9%), home mtgs (8%), cash (2%), home eq lns (1%), consumer loans (0%), other (20%)
States with Branches: WI