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 1.3%, coupled with a return on assets of 1.2 has resulted in Good (5.3) profitability.
Other Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 9.9. A current level of 0.8 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Good asset quality (7.0).
Asset Mix:
Comm re (10%), comm loans (9%), cash (6%), home mtgs (6%), securities (1%), home eq lns (1%), consumer loans (1%), other (67%)
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
Ambank Company, Inc.
Investment Rating
--
Address
234 Fifth Avenue, SW
Le Mars, IA 51031
Le Mars, IA 51031
Phone Number
(712) 546-2345
Year Founded
1887
FDIC Number
Website
Largest Affiliates
Sioux Center, IA
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Bank