Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Weak (2.0) profitability. A current level of 3.0 percent of nonperforming loans to core capital combined with 12.6 percent from a year earlier contributes to the Good asset quality (5.7).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.7 and a capital leverage ratio of 11.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.7 on a scale of 0 to 10).
Asset Mix:
Comm re (38%), home mtgs (31%), securities (11%), cash (5%), comm loans (3%), other (12%)
States with Branches:
IL, NY
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
IBC Bancorp, Inc.
Investment Rating
--
Address
5069 North Broadway Street
Chicago, IL 60640
Chicago, IL 60640
Phone Number
(773) 769-2899
Year Founded
1992
FDIC Number
Website
Largest Affiliates
No affiliate information available.