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 (4.4 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Fair (3.0) profitability.
Other Rating Factors:
A current level of 0.1 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (8.6). Good current capitalization (5.2 on a scale of 0 to 10) based on a risk-based capital ratio of 11.9 and a capital leverage ratio of 7.2.
Asset Mix:
Home mtgs (29%), comm re (21%), securities (18%), consumer loans (4%), comm loans (4%), home eq lns (4%), cash (3%), other (17%)
States with Branches:
OH
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
GenBanc, Inc.
Investment Rating
--
Address
801 Main Street
Genoa, OH 43430
Genoa, OH 43430
Phone Number
(419) 855-8381
Year Founded
1902
FDIC Number
Website
Largest Affiliates
No affiliate information available.