Major Rating Factors:
A current level of 15.3 percent of nonperforming loans to core capital combined with 11.7 percent from a year earlier contributes to the Fair asset quality (4.1). 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:
Excellent current capitalization (8.0 on a scale of 0 to 10) and a capital leverage ratio of 9.7. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.1 has resulted in Good (5.5) profitability.
Asset Mix:
Home mtgs (44%), comm re (14%), cash (11%), home eq lns (4%), consumer loans (3%), comm loans (2%), securities (2%), other (21%)
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
1030 15th Street
Bedford, IN 47421
Bedford, IN 47421
Phone Number
(812) 275-5907
Year Founded
1926
FDIC Number
Website
Largest Affiliates
No affiliate information available.