Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 28.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 2.8 percent of nonperforming loans to core capital combined with 5.5 percent from a year earlier contributes to the Excellent asset quality (9.0). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Good (5.4) profitability.
Asset Mix:
Securities (63%), home mtgs (22%), comm re (4%), comm loans (2%), cash (1%), consumer loans (1%), other (8%)
States with Branches:
OH