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 (3.7 on a scale of 0 to 10). A current level of 5.4 percent of nonperforming loans to core capital combined with 1.7 percent from a year earlier contributes to the Good asset quality (5.6).
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) and a capital leverage ratio of 10.3. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (6.1) profitability.
Asset Mix:
Home mtgs (29%), comm loans (8%), comm re (6%), cash (4%), consumer loans (3%), home eq lns (1%), other (49%)
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
SSB Bancorp, Inc.
Investment Rating
--
Address
612 Central Avenue
Bedford, IA 50833
Bedford, IA 50833
Phone Number
(712) 523-2131
Year Founded
1915
FDIC Number
Largest Affiliates
No affiliate information available.