Major Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) and a capital leverage ratio of 11.0. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (5.8) profitability.
Other Rating Factors:
Good liquidity 5.5, driven by a liquidity ratio of 61.2 percent and a “hot money” ratio of 13.7 percent. A current level of 10.8 percent of nonperforming loans to core capital combined with 23.3 percent from a year earlier contributes to the Fair asset quality (5.0).
Asset Mix:
Securities (45%), cash (14%), home mtgs (7%), consumer loans (6%), comm loans (2%), comm re (1%), other (26%)
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
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