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). Excellent current capitalization (7.2 on a scale of 0 to 10) based on a risk-based capital ratio of 12.3 and a capital leverage ratio of 9.1.
Other Rating Factors:
Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.8 has resulted in Excellent (7.5) profitability. A current level of 0.2 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (7.4).
Asset Mix:
Comm re (47%), home mtgs (13%), securities (9%), cash (8%), comm loans (6%), consumer loans (2%), home eq lns (2%), other (13%)
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.