Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.6 and a capital leverage ratio of 11.8. A current level of 0.6 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (7.5).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.4 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (4.6) profitability.
Asset Mix:
Comm re (37%), home mtgs (27%), securities (12%), cash (10%), comm loans (4%), other (10%)
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.