Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 9.5. A current level of 1.9 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Good (5.3) profitability.
Asset Mix:
Home mtgs (23%), securities (20%), comm re (10%), comm loans (7%), home eq lns (3%), cash (2%), consumer loans (1%), other (34%)
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
Pella Financial Group, Inc.
Investment Rating
--
Address
800 Main Street
Pella, IA 50219
Pella, IA 50219
Phone Number
(641) 628-2191
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.