Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 17.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).
Other Rating Factors:
A current level of 5.1 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (7.3). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.6 has resulted in Good (5.6) profitability.
Asset Mix:
Securities (20%), cash (17%), comm loans (10%), home mtgs (9%), consumer loans (2%), comm re (1%), other (40%)
States with Branches:
NE
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
Cedar Financial Holding, Inc.
Investment Rating
--
Address
117 Main Street
Fordyce, NE 68736
Fordyce, NE 68736
Phone Number
(402) 357-3508
Year Founded
1984
FDIC Number
Website
Largest Affiliates
No affiliate information available.