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 2.3 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Good asset quality (6.5).
Other Rating Factors:
Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.9 has resulted in Excellent (7.7) profitability. Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 9.4.
Asset Mix:
Home mtgs (30%), consumer loans (23%), securities (15%), comm re (5%), comm loans (4%), home eq lns (3%), cash (2%), other (18%)
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.
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