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 (3.7 on a scale of 0 to 10). A current level of 0.2 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (8.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 19.5. Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 2.0 has resulted in Excellent (9.0) profitability.
Asset Mix:
Home mtgs (51%), securities (15%), comm re (8%), cash (4%), comm loans (3%), consumer loans (3%), other (15%)
States with Branches:
KS
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
Solomon Bancshares, Inc.
Investment Rating
--
Address
126 West Main Street
Solomon, KS 67480
Solomon, KS 67480
Phone Number
(785) 655-2941
Year Founded
1905
FDIC Number
Largest Affiliates
No affiliate information available.