Major Rating Factors:
Excellent current capitalization (7.9 on a scale of 0 to 10) and a capital leverage ratio of 9.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Fair (4.7) profitability. A current level of 6.5 percent of nonperforming loans to core capital combined with 5.7 percent from a year earlier contributes to the Fair asset quality (4.5).
Asset Mix:
Home mtgs (24%), comm re (21%), comm loans (12%), cash (11%), securities (10%), home eq lns (2%), consumer loans (2%), other (17%)
States with Branches:
IL
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
South Porte Financial Inc.
Investment Rating
--
Address
701 North Court Street
Marion, IL 62959
Marion, IL 62959
Phone Number
(618) 998-0098
Year Founded
2005
FDIC Number
Largest Affiliates
No affiliate information available.