Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Fair (4.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.4 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 9.4. A current level of 10.3 percent of nonperforming loans to core capital combined with 12.7 percent from a year earlier contributes to the Fair asset quality (3.1).
Asset Mix:
Consumer loans (26%), securities (25%), home mtgs (19%), cash (5%), comm re (5%), comm loans (4%), home eq lns (3%), other (13%)
States with Branches:
IL
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
Backlund Investment Co. Employee Stock Ownership Plan
Investment Rating
--
Address
10225 North Knoxville Avenue
Peoria, IL 61615
Peoria, IL 61615
Phone Number
(309) 272-1000
Year Founded
1898
FDIC Number
Website
Largest Affiliates
Quincy, IL
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Bank