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 (3.9 on a scale of 0 to 10). A current level of 40.8 percent of nonperforming loans to core capital combined with 40.1 percent from a year earlier contributes to the Very Weak asset quality (0.8).
Other Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) based on a risk-based capital ratio of 13.8 and a capital leverage ratio of 9.9. Very Weak liquidity 0.4, driven by a liquidity ratio of 29.5 percent and a “hot money” ratio of 44.6 percent.
Asset Mix:
Securities (11%), comm loans (10%), comm re (9%), home mtgs (7%), cash (5%), consumer loans (3%), other (55%)
States with Branches:
NE
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
Central Bancshares, Inc.
Investment Rating
--
Address
904 North Highway 83
McCook, NE 69001
McCook, NE 69001
Phone Number
(308) 345-4994
Year Founded
1999
FDIC Number
Website
Largest Affiliates
Cambridge, NE
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Bank