Major Rating Factors:
A current level of 1.8 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Excellent asset quality (8.3). Excellent current capitalization (8.1 on a scale of 0 to 10) and a capital leverage ratio of 9.7.
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 (3.5 on a scale of 0 to 10). Fair liquidity 3.0, driven by a liquidity ratio of 15.3 percent and a “hot money” ratio of 40.9 percent.
Asset Mix:
Securities (35%), comm loans (15%), comm re (12%), home mtgs (10%), cash (4%), consumer loans (3%), 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.