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). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.3 has resulted in Good (5.9) profitability.
Other Rating Factors:
A current level of 1.4 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Excellent asset quality (7.1). Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 11.7 and a capital leverage ratio of 8.9.
Asset Mix:
Comm re (42%), home mtgs (25%), comm loans (8%), securities (6%), cash (1%), 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
No affiliate information available.