Bank Plus
Major Rating Factors:
A current level of 5.1 percent of nonperforming loans to core capital combined with 7.8 percent from a year earlier contributes to the Fair asset quality (3.5). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.0) profitability.
Other Rating Factors:
Excellent current capitalization (8.5 on a scale of 0 to 10) 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 a Good overall stability index (5.9 on a scale of 0 to 10).
Asset Mix:
Securities (12%), comm re (7%), home mtgs (5%), comm loans (3%), consumer loans (2%), cash (1%), other (70%)
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
Swea City Bancorporation, Inc.
Investment Rating
--
Address
1202 Central Avenue
Estherville, IA 51334
Estherville, IA 51334
Phone Number
(712) 362-5000
Year Founded
1947
FDIC Number
Website
Largest Affiliates
No affiliate information available.