Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.2) profitability.
Other Rating Factors:
A current level of 1.9 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Excellent asset quality (8.3). Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 9.6.
Asset Mix:
Home mtgs (30%), securities (24%), comm re (16%), cash (7%), home eq lns (5%), comm loans (5%), consumer loans (1%), other (12%)
States with Branches:
IL
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
Union Bancshares, MHC
Investment Rating
--
Address
223 West Stephenson Street
Freeport, IL 61032
Freeport, IL 61032
Phone Number
(815) 235-0800
Year Founded
1883
FDIC Number
Website
Largest Affiliates
No affiliate information available.