Major Rating Factors:
Excellent current capitalization (9.1 on a scale of 0 to 10) based on a risk-based capital ratio of 16.0 and a capital leverage ratio of 10.4. A current level of 0.0 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.7).
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 (6.4 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.3 has resulted in Good (6.3) profitability.
Asset Mix:
Securities (28%), home mtgs (14%), cash (5%), comm re (4%), comm loans (4%), consumer loans (3%), home eq lns (1%), other (41%)
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
Farmers and Merchants Bancorp
Investment Rating
--
Address
101 West Jefferson Street
Winterset, IA 50273
Winterset, IA 50273
Phone Number
(515) 462-4242
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.