Major Rating Factors:
Good current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.2 and a capital leverage ratio of 9.0. A current level of 3.6 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Good asset quality (6.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.2 has resulted in Good (5.5) profitability.
Asset Mix:
Home mtgs (30%), comm re (23%), securities (11%), comm loans (8%), home eq lns (5%), cash (3%), consumer loans (1%), other (18%)
States with Branches:
OH, WV
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
Main Street Financial Services Corp.
Investment Rating
--
Address
151 North Market Street
Wooster, OH 44691
Wooster, OH 44691
Phone Number
(330) 264-5767
Year Founded
1899
FDIC Number
Website
Largest Affiliates
No affiliate information available.