Major Rating Factors:
A current level of 67.7 percent of nonperforming loans to core capital combined with 60.1 percent from a year earlier contributes to the Very Weak asset quality (0.3).
Other Rating Factors:
Very Weak liquidity 0.1, driven by a liquidity ratio of 13.2 percent and a “hot money” ratio of 55.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (81%), cash (11%), comm re (6%), securities (1%), other (1%)
States with Branches:
IN
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
116 North Third Street
Kentland, IN 47951
Kentland, IN 47951
Phone Number
(219) 474-5888
Year Founded
1920
FDIC Number
Largest Affiliates
No affiliate information available.