Major Rating Factors:
A current level of 0.3 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (8.9). Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 19.3 and a capital leverage ratio of 8.9.
Other Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (4.3) profitability. Fair liquidity 4.0, driven by a liquidity ratio of 31.5 percent and a “hot money” ratio of 9.0 percent.
Asset Mix:
Securities (37%), home mtgs (18%), cash (15%), comm re (5%), consumer loans (3%), comm loans (3%), home eq lns (1%), other (17%)
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
Sullivan BancShares, Inc.
Investment Rating
--
Address
One South Main Street
Sullivan, IL 61951
Sullivan, IL 61951
Phone Number
(217) 728-4302
Year Founded
1905
FDIC Number
Website
Largest Affiliates
No affiliate information available.