Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.2. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10). Fair liquidity 3.6, driven by a liquidity ratio of 36.7 percent and a “hot money” ratio of 30.5 percent.
Asset Mix:
Securities (30%), home mtgs (13%), comm re (10%), comm loans (4%), cash (4%), consumer loans (1%), other (38%)
States with Branches:
IA
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
Van Financial Corporation
Investment Rating
--
Address
105 Main Street
Breda, IA 51436
Breda, IA 51436
Phone Number
(712) 673-2321
Year Founded
1890
FDIC Number
Website
Largest Affiliates
No affiliate information available.