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 (4.3 on a scale of 0 to 10). A current level of 1.7 percent of nonperforming loans to core capital contributes to the Good asset quality (6.9).
Other Rating Factors:
Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 9.4. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (7.3) profitability.
Asset Mix:
Comm re (48%), home mtgs (13%), cash (10%), securities (9%), comm loans (6%), consumer loans (2%), other (11%)
States with Branches:
KS, MO
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
Garnett Bancshares, Inc.
Investment Rating
--
Address
131 East Fourth Avenue
Garnett, KS 66032
Garnett, KS 66032
Phone Number
(785) 448-3191
Year Founded
1898
FDIC Number
Website
Largest Affiliates
No affiliate information available.