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 (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.5 has resulted in Good (6.9) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.6 and a capital leverage ratio of 12.7. A current level of 3.0 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Excellent asset quality (7.5).
Asset Mix:
Securities (18%), home mtgs (16%), comm re (14%), comm loans (8%), cash (2%), home eq lns (1%), consumer loans (1%), other (41%)
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
First of Waverly Corporation
Investment Rating
--
Address
316 East Bremer Avenue
Waverly, IA 50677
Waverly, IA 50677
Phone Number
(319) 352-1340
Year Founded
1864
FDIC Number
Website
Largest Affiliates
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