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). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.2 has resulted in Good (5.2) profitability.
Other Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.9 and a capital leverage ratio of 10.8. A current level of 0.9 percent of nonperforming loans to core capital combined with 6.9 percent from a year earlier contributes to the Excellent asset quality (7.7).
Asset Mix:
Securities (20%), comm loans (14%), comm re (12%), home mtgs (11%), consumer loans (7%), cash (2%), home eq lns (2%), other (32%)
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
Security Agency, Incorporated
Investment Rating
--
Address
202 East Water Street
Decorah, IA 52101
Decorah, IA 52101
Phone Number
(563) 382-9661
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.