Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (1.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 33.1 and a capital leverage ratio of 13.7. A current level of 2.8 percent of nonperforming loans to core capital combined with 8.8 percent from a year earlier contributes to the Excellent asset quality (7.6).
Asset Mix:
Securities (38%), home mtgs (32%), cash (12%), comm re (5%), consumer loans (2%), home eq lns (1%), other (11%)
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
Investment Rating
--
Address
140 North Columbus Street
Galion, OH 44833
Galion, OH 44833
Phone Number
(419) 468-1518
Year Founded
1891
FDIC Number
Largest Affiliates
No affiliate information available.