Major Rating Factors:
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). A current level of 5.6 percent of nonperforming loans to core capital combined with 16.3 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 27.3. Operating profits as a percentage of assets at 3.0%, coupled with a return on assets of 2.3 has resulted in Excellent (10.0) profitability.
Asset Mix:
Comm re (28%), comm loans (15%), securities (15%), cash (7%), home mtgs (2%), home eq lns (1%), consumer loans (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
Burt Bancshares, Inc.
Investment Rating
--
Address
One East State Street
Algona, IA 50511
Algona, IA 50511
Phone Number
(515) 295-9501
Year Founded
1931
FDIC Number
Website
Largest Affiliates
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