Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.7 has resulted in Fair (3.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.0. A current level of 10.6 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Securities (26%), home mtgs (8%), cash (8%), comm loans (8%), comm re (5%), consumer loans (2%), other (43%)
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
Marjon Bancorporation, Inc.
Investment Rating
--
Address
205 Main Street
Colesburg, IA 52035
Colesburg, IA 52035
Phone Number
(563) 856-2525
Year Founded
1907
FDIC Number
Largest Affiliates
No affiliate information available.