State Savings Bank
Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.2 has resulted in Fair (4.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.9 percent of nonperforming loans to core capital combined with 6.6 percent from a year earlier contributes to the Excellent asset quality (8.0). Excellent current capitalization (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 11.1 and a capital leverage ratio of 9.3.
Asset Mix:
Comm re (28%), home mtgs (15%), comm loans (14%), cash (6%), home eq lns (2%), consumer loans (1%), 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
SSB Holding Co., Inc.
Investment Rating
--
Address
4800 Mills Civic Parkway
West Des Moines, IA 50265
West Des Moines, IA 50265
Phone Number
(515) 457-9533
Year Founded
1894
FDIC Number
Website
Largest Affiliates
No affiliate information available.