Major Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 15.5 and a capital leverage ratio of 9.9. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.9 has resulted in Excellent (7.8) profitability.
Other Rating Factors:
A current level of 0.3 percent of nonperforming loans to core capital combined with 13.4 percent from a year earlier contributes to the Excellent asset quality (7.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Securities (22%), cash (10%), home mtgs (9%), comm loans (3%), comm re (2%), consumer loans (2%), other (51%)
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
The Viking Corporation
Investment Rating
--
Address
21 North Main Street
Denison, IA 51442
Denison, IA 51442
Phone Number
(712) 263-5685
Year Founded
1927
FDIC Number
Largest Affiliates
There are no affiliate to display.