Major Rating Factors:
A current level of 11.3 percent of nonperforming loans to core capital combined with 33.1 percent from a year earlier contributes to the Fair asset quality (3.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.5 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 15.2. Operating profits as a percentage of assets at 4.4%, coupled with a return on assets of 4.2 has resulted in Excellent (7.8) profitability.
Asset Mix:
Securities (38%), home mtgs (16%), cash (15%), comm loans (11%), consumer loans (6%), comm re (3%), 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.