Major Rating Factors:
A current level of 31.3 percent of nonperforming loans to core capital combined with 19.1 percent from a year earlier contributes to the Weak asset quality (1.1). Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (1.9) profitability.
Other Rating Factors:
Weak liquidity 2.1, driven by a liquidity ratio of 20.3 percent and a “hot money” ratio of 43.8 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10).
Asset Mix:
Comm loans (25%), home mtgs (18%), securities (17%), comm re (13%), cash (11%), consumer loans (4%), other (11%)
States with Branches:
IL
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
Preferred Bancorp, Inc.
Investment Rating
--
Address
602 North Route 49
Casey, IL 62420
Casey, IL 62420
Phone Number
(217) 932-2265
Year Founded
1999
FDIC Number
Website
Largest Affiliates
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