Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.2 and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.3 on a scale of 0 to 10).
Other Rating Factors:
A current level of 11.6 percent of nonperforming loans to core capital combined with 5.8 percent from a year earlier contributes to the Fair asset quality (3.9). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.7) profitability.
Asset Mix:
Comm re (26%), securities (16%), home mtgs (11%), comm loans (10%), cash (2%), consumer loans (1%), home eq lns (1%), other (33%)
States with Branches:
IN, 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
Richmond Mutual Bancorporation, Inc.
Investment Rating
--
Address
9 East Clinton Street
Frankfort, IN 46041
Frankfort, IN 46041
Phone Number
Year Founded
1887
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.