Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 15.5. Operating profits as a percentage of assets at 2.9%, coupled with a return on assets of 2.9 has resulted in Excellent (7.3) profitability.
Other Rating Factors:
A current level of 2.5 percent of nonperforming loans to core capital combined with 11.0 percent from a year earlier contributes to the Good asset quality (6.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Securities (31%), home mtgs (20%), comm loans (13%), consumer loans (10%), cash (9%), comm re (5%), other (12%)
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
Logan Investment Corporation
Investment Rating
--
Address
612 First Street
Bonaparte, IA 52620
Bonaparte, IA 52620
Phone Number
(319) 592-3372
Year Founded
1858
FDIC Number
Website
Largest Affiliates
No affiliate information available.