Major Rating Factors:
A current level of 6.7 percent of nonperforming loans to core capital combined with 4.0 percent from a year earlier contributes to the Fair asset quality (3.4). 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 2.4%, coupled with a return on assets of 2.0 has resulted in Excellent (9.6) profitability. Excellent current capitalization (8.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 10.2.
Asset Mix:
Comm re (33%), comm loans (13%), home mtgs (11%), cash (9%), home eq lns (5%), securities (1%), consumer loans (1%), other (26%)
States with Branches:
IN
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
Community First Financial Corporation
Investment Rating
--
Address
201 West Sycamore Street
Kokomo, IN 46901
Kokomo, IN 46901
Phone Number
(765) 236-0600
Year Founded
2003
FDIC Number
Website
Largest Affiliates
No affiliate information available.