Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.2. A current level of 1.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (4.7) profitability.
Asset Mix:
Home mtgs (24%), securities (24%), comm re (13%), comm loans (5%), cash (2%), home eq lns (2%), consumer loans (2%), other (27%)
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
Country Bancorporation
Investment Rating
--
Address
777 North Center Point Road
Hiawatha, IA 52233
Hiawatha, IA 52233
Phone Number
(319) 378-5979
Year Founded
1997
FDIC Number
Website
Largest Affiliates
Lone Tree, IA
-
Bank
South English, IA
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Bank
Springville, IA
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Bank