Armed Forces Bank, National Association

Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.7 and a capital leverage ratio of 14.3. A current level of 3.6 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (7.7).

Other Rating Factors: Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (6.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).

Asset Mix: Comm re (27%), securities (24%), home mtgs (15%), cash (10%), comm loans (10%), consumer loans (2%), home eq lns (1%), other (12%)

States with Branches: AZ, CA, CO, IL, KS, KY, MO, NV, NY, TX, VA, WA

Asset Quality

Non-Performing Loans to Capital

3.60%

Non-Performing Assets to Assets

0.52%

Non-Performing Loans to Loans

0.86%

Loan Loss Reserves to Loans

1.41%

Charge-Offs to Average Loans

0.32%

5-Year Charge-Offs to Average Loans

0.41%

5-Year Asset Growth

4.54%

1-Year Asset Growth

9.39%

Profitability

Operating Profit to Average Assets

1.60%

Return on Equity

9.93%

Net Interest Spread

3.67%

5-Year ROAA (Return on Average Assets)

1.46%

Overhead Efficiency Ratio

72.34%

Liquidity

Liquidity Ratio

24.30%

Hot Money

12.68%

Corporate Info

Group Affiliation

Dickinson Financial Corporation II

Investment Rating

Address

320 Kansas Avenue
Fort Leavenworth, KS 66027

Phone Number

(913) 682-9090

Year Founded

1907

FDIC Number

4666

Website

http://www.afbank.com

Largest Affiliates

Academy Bank, N.A.

Kansas City, MO - Bank