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 (2.3 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 (2.4) profitability.
Other Rating Factors:
Very Weak liquidity 0.2, driven by a liquidity ratio of 21.5 percent and a “hot money” ratio of 52.1 percent. A current level of 17.2 percent of nonperforming loans to core capital combined with 4.0 percent from a year earlier contributes to the Fair asset quality (3.7).
Asset Mix:
Home mtgs (44%), securities (13%), cash (10%), comm loans (10%), consumer loans (7%), comm re (5%), other (11%)
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
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Address
123 North Third Street
Boonville, IN 47601
Boonville, IN 47601
Phone Number
(812) 897-2620
Year Founded
1917
FDIC Number
Website
Largest Affiliates
No affiliate information available.