Major Rating Factors:
A current level of 1.0 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (8.7). Excellent current capitalization (7.9 on a scale of 0 to 10) and a capital leverage ratio of 9.6.
Other Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Fair (3.1) profitability. Fair liquidity 3.1, driven by a liquidity ratio of 16.4 percent and a “hot money” ratio of 38.3 percent.
Asset Mix:
Securities (37%), comm loans (15%), comm re (12%), home mtgs (10%), consumer loans (2%), cash (2%), home eq lns (2%), other (19%)
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
Vanderbilt Holding Company, Inc.
Investment Rating
--
Address
409 Vanderbilt Street
Fairfax, IA 52228
Fairfax, IA 52228
Phone Number
(319) 846-2300
Year Founded
1924
FDIC Number
Website
Largest Affiliates
No affiliate information available.