Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.8. A current level of 3.2 percent of nonperforming loans to core capital combined with 15.8 percent from a year earlier contributes to the Excellent asset quality (7.1).
Other Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.4 has resulted in Good (5.8) profitability. Good liquidity 5.0, driven by a liquidity ratio of 51.0 percent and a “hot money” ratio of 13.3 percent.
Asset Mix:
Securities (47%), cash (11%), home mtgs (9%), consumer loans (8%), comm loans (2%), comm re (1%), other (23%)
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
Sloan State Corporation
Investment Rating
--
Address
302 Fourth Street
Sloan, IA 51055
Sloan, IA 51055
Phone Number
(712) 428-3344
Year Founded
1889
FDIC Number
Website
Largest Affiliates
No affiliate information available.