Major Rating Factors:
A current level of 13.1 percent of nonperforming loans to core capital combined with 11.6 percent from a year earlier contributes to the Fair asset quality (4.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.9 and a capital leverage ratio of 11.2. Operating profits as a percentage of assets at 3.0%, coupled with a return on assets of 3.0 has resulted in Excellent (9.5) profitability.
Asset Mix:
Home mtgs (43%), cash (19%), comm re (13%), consumer loans (5%), comm loans (4%), other (16%)
States with Branches:
IN
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
Grant County State Bancshares, Inc.
Investment Rating
--
Address
102 North Washington Street
Swayzee, IN 46986
Swayzee, IN 46986
Phone Number
(765) 922-7975
Year Founded
1939
FDIC Number
Website
Largest Affiliates
No affiliate information available.