Major Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.1 has resulted in Fair (4.9) profitability. A current level of 6.8 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Fair asset quality (3.2).
Other Rating Factors:
Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 11.8 and a capital leverage ratio of 9.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Comm re (43%), home mtgs (22%), comm loans (7%), securities (7%), cash (2%), home eq lns (1%), consumer loans (1%), other (17%)
States with Branches:
KS
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
Andover Financial Corporation
Investment Rating
--
Address
511 North Andover Road
Andover, KS 67002
Andover, KS 67002
Phone Number
(316) 733-1375
Year Founded
1916
FDIC Number
Website
Largest Affiliates
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