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 (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.4) profitability.
Other Rating Factors:
Excellent current capitalization (8.6 on a scale of 0 to 10) based on a risk-based capital ratio of 19.3 and a capital leverage ratio of 10.1. A current level of 1.7 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Excellent asset quality (8.0).
Asset Mix:
Home mtgs (56%), securities (16%), cash (8%), comm re (6%), comm loans (3%), consumer loans (2%), home eq lns (1%), other (8%)
States with Branches:
IN
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
G.S.B. Financial Corporation
Investment Rating
--
Address
120 West King Street
Garrett, IN 46738
Garrett, IN 46738
Phone Number
(260) 357-3133
Year Founded
1892
FDIC Number
Website
Largest Affiliates
No affiliate information available.