Major 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 (4.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.0). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 8.7.
Asset Mix:
Home mtgs (11%), cash (9%), comm loans (5%), home eq lns (4%), consumer loans (3%), comm re (2%), securities (1%), other (65%)
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
Logan Bancorporation, Inc.
Investment Rating
--
Address
323 East Seventh Street
Logan, IA 51546
Logan, IA 51546
Phone Number
(712) 644-2310
Year Founded
1888
FDIC Number
Website
Largest Affiliates
No affiliate information available.