Major Rating Factors:
A current level of 11.9 percent of nonperforming loans to core capital combined with 5.5 percent from a year earlier contributes to the Fair asset quality (4.1). Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (2.2) profitability.
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.1 and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10).
Asset Mix:
Home mtgs (23%), comm loans (20%), cash (13%), comm re (11%), consumer loans (1%), home eq lns (1%), other (30%)
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
Twin Cedars Bancorp, Inc.
Investment Rating
--
Address
402 Merrill Street
Bussey, IA 50044
Bussey, IA 50044
Phone Number
(641) 944-5314
Year Founded
1931
FDIC Number
Website
Largest Affiliates
No affiliate information available.