Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.5) profitability.
Other Rating Factors:
Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.0 and a capital leverage ratio of 9.7. A current level of 2.0 percent of nonperforming loans to core capital combined with 8.5 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Comm re (29%), home mtgs (21%), securities (18%), comm loans (12%), cash (6%), home eq lns (2%), consumer loans (1%), other (11%)
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
Premier Financial Corp.
Investment Rating
--
Address
2625 NW Arterial
Dubuque, IA 52002
Dubuque, IA 52002
Phone Number
(563) 588-1000
Year Founded
1998
FDIC Number
Website
Largest Affiliates
No affiliate information available.