Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Weak (2.1) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 29.0 and a capital leverage ratio of 13.7. A current level of 7.8 percent of nonperforming loans to core capital combined with 4.3 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Home mtgs (35%), securities (16%), cash (16%), consumer loans (6%), comm re (5%), comm loans (5%), home eq lns (2%), other (16%)
States with Branches:
IA
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
123 East Main Street
Clarinda, IA 51632
Clarinda, IA 51632
Phone Number
(712) 542-2103
Year Founded
1897
FDIC Number
Website
Largest Affiliates
No affiliate information available.