Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Weak (2.4) profitability. A current level of 6.8 percent of nonperforming loans to core capital combined with 2.9 percent from a year earlier contributes to the Good asset quality (5.5).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 11.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Asset Mix:
Home mtgs (20%), comm loans (18%), cash (15%), comm re (12%), consumer loans (2%), home eq lns (1%), securities (1%), 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
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.