Major Rating Factors:
A current level of 2.1 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (8.1). Excellent current capitalization (7.7 on a scale of 0 to 10) and a capital leverage ratio of 9.5.
Other 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 (3.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (3.0) profitability.
Asset Mix:
Securities (40%), comm loans (14%), comm re (14%), home mtgs (10%), consumer loans (2%), home eq lns (2%), cash (1%), other (17%)
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
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