Major Rating Factors:
A current level of 12.2 percent of nonperforming loans to core capital combined with 5.3 percent from a year earlier contributes to the Fair asset quality (4.3). 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).
Other Rating Factors:
Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 11.9 and a capital leverage ratio of 8.2. Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Fair (4.2) profitability.
Asset Mix:
Securities (19%), cash (12%), comm loans (10%), home mtgs (9%), consumer loans (6%), comm re (3%), other (41%)
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
First Lacon Corp.
Investment Rating
--
Address
111 South Broad Street
Lacon, IL 61540
Lacon, IL 61540
Phone Number
(309) 246-2415
Year Founded
1864
FDIC Number
Website
Largest Affiliates
No affiliate information available.