Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 16.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.5 has resulted in Excellent (7.1) profitability. A current level of 6.2 percent of nonperforming loans to core capital contributes to the Good asset quality (6.9).
Asset Mix:
Securities (30%), home mtgs (14%), comm re (11%), cash (9%), comm loans (5%), consumer loans (1%), home eq lns (1%), other (29%)
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
Britt Bancshares, Inc.
Investment Rating
--
Address
183 Main Avenue, North
Britt, IA 50423
Britt, IA 50423
Phone Number
(641) 843-4411
Year Founded
1927
FDIC Number
Website
Largest Affiliates
No affiliate information available.