Major Rating Factors:
A current level of 8.7 percent of nonperforming loans to core capital combined with 5.6 percent from a year earlier contributes to the Fair asset quality (4.7). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Fair (4.2) profitability.
Other Rating Factors:
Excellent current capitalization (7.5 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 9.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Comm re (18%), securities (16%), home mtgs (12%), comm loans (11%), cash (6%), home eq lns (2%), consumer loans (0%), other (34%)
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
Greene Investment Co.
Investment Rating
--
Address
1202 Second Street
Perry, IA 50220
Perry, IA 50220
Phone Number
(515) 465-3521
Year Founded
1927
FDIC Number
Largest Affiliates
No affiliate information available.