Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 11.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.0 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.7) profitability. A current level of 4.0 percent of nonperforming loans to core capital combined with 5.1 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Securities (24%), comm re (23%), comm loans (6%), home mtgs (5%), cash (3%), consumer loans (1%), home eq lns (1%), other (37%)
States with Branches:
CO, NE
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
Midwest Banco Corporation
Investment Rating
--
Address
747 Meridian Avenue
Cozad, NE 69130
Cozad, NE 69130
Phone Number
(308) 784-2515
Year Founded
1883
FDIC Number
Website
Largest Affiliates
No affiliate information available.