Major Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.7). Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 16.6 and a capital leverage ratio of 9.9.
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 (5.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (5.8) profitability.
Asset Mix:
Securities (29%), home mtgs (14%), cash (9%), comm re (5%), comm loans (4%), consumer loans (3%), home eq lns (1%), other (35%)
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.