Major Rating Factors:
A current level of 12.6 percent of nonperforming loans to core capital combined with 14.3 percent from a year earlier contributes to the Fair asset quality (4.2). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.8 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (5.9 on a scale of 0 to 10) based on a risk-based capital ratio of 15.8 and a capital leverage ratio of 7.9. Fair liquidity 4.8, driven by a liquidity ratio of 53.6 percent and a “hot money” ratio of 15.8 percent.
Asset Mix:
Securities (40%), cash (15%), comm loans (11%), home mtgs (9%), consumer loans (6%), comm re (4%), other (15%)
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
Drake Holding Company
Investment Rating
--
Address
207 Isabella Street
Radcliffe, IA 50230
Radcliffe, IA 50230
Phone Number
(515) 899-2121
Year Founded
1884
FDIC Number
Website
Largest Affiliates
No affiliate information available.