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 (4.3 on a scale of 0 to 10). A current level of 2.9 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Good asset quality (5.8).
Other Rating Factors:
Operating profits as a percentage of assets at 2.5%, coupled with a return on assets of 2.4 has resulted in Excellent (9.3) profitability. Excellent current capitalization (8.5 on a scale of 0 to 10) based on a risk-based capital ratio of 13.2 and a capital leverage ratio of 10.0.
Asset Mix:
Home mtgs (31%), consumer loans (20%), securities (14%), comm re (5%), cash (4%), comm loans (4%), home eq lns (4%), other (17%)
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
Backlund Investment Co. Employee Stock Ownership Plan
Investment Rating
--
Address
801 State Street
Quincy, IL 62301
Quincy, IL 62301
Phone Number
(217) 223-6480
Year Founded
1890
FDIC Number
Website
Largest Affiliates
Peoria, IL
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Bank