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). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (6.1) profitability.
Other Rating Factors:
A current level of 0.5 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (8.4). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.0 and a capital leverage ratio of 9.7.
Asset Mix:
Comm re (26%), home mtgs (23%), comm loans (14%), cash (4%), home eq lns (4%), securities (3%), consumer loans (2%), other (24%)
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
Heritage Bancshares, Inc.
Investment Rating
--
Address
3024 Southwest Wanamaker Road
Topeka, KS 66614
Topeka, KS 66614
Phone Number
(785) 440-2200
Year Founded
2003
FDIC Number
Largest Affiliates
No affiliate information available.