B
First State Bank
MendotaIL
Rating Date
August 2024
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Major Rating Factors: Excellent current capitalization (8.5 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 10.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.5 on a scale of 0 to 10).
Other Rating Factors: A current level of 3.1 percent of nonperforming loans to core capital combined with 4.4 percent from a year earlier contributes to the Excellent asset quality (7.3). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.0) profitability.
Asset Mix: Home mtgs (25%), comm re (23%), securities (10%), comm loans (5%), cash (3%), home eq lns (2%), consumer loans (1%), other (32%)
States with Branches: IL
Asset Quality
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Hot Money
Corporate Info
Group Affiliation
Tri-County Financial Group, Inc.
Investment Rating
Address
706 Washington Street
Mendota, IL 61342
Phone Number
(815) 538-2265
Year Founded
1940
FDIC Number
Largest Affiliates
No affiliate information available.