Major Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.4 has resulted in Fair (4.3) profitability. A current level of 20.8 percent of nonperforming loans to core capital combined with 18.8 percent from a year earlier contributes to the Weak asset quality (2.0).
Other Rating Factors:
Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 11.3 and a capital leverage ratio of 9.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10).
Asset Mix:
Comm re (17%), securities (17%), home mtgs (12%), comm loans (7%), cash (4%), consumer loans (2%), 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
DeWitt Bancorp, Inc.
Investment Rating
--
Address
815 Sixth Avenue
De Witt, IA 52742
De Witt, IA 52742
Phone Number
(563) 659-3211
Year Founded
1933
FDIC Number
Website
Largest Affiliates
No affiliate information available.