Major Rating Factors:
A current level of 15.1 percent of nonperforming loans to core capital combined with 12.6 percent from a year earlier contributes to the Fair asset quality (4.5). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.5 has resulted in Weak (1.1) profitability.
Other Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a risk-based capital ratio of 14.8 and a capital leverage ratio of 8.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10).
Asset Mix:
Home mtgs (65%), comm re (6%), cash (5%), home eq lns (5%), securities (3%), comm loans (2%), other (14%)
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
American Midwest Financial Corporation
Investment Rating
--
Address
301 East Ninth Street
Rochester, IN 46975
Rochester, IN 46975
Phone Number
(574) 223-2128
Year Founded
1966
FDIC Number
Largest Affiliates
No affiliate information available.