Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.6 and a capital leverage ratio of 15.9. A current level of 1.2 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Excellent asset quality (8.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.0 has resulted in Good (5.3) profitability.
Asset Mix:
Home mtgs (30%), securities (29%), comm loans (13%), cash (5%), home eq lns (4%), comm re (4%), consumer loans (2%), 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
Midland Bancshares, Inc.
Investment Rating
--
Address
112 Market Street
Kincaid, IL 62540
Kincaid, IL 62540
Phone Number
(217) 237-4324
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.