Major Rating Factors:
A current level of 1.1 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.2). Excellent current capitalization (7.6 on a scale of 0 to 10) based on a risk-based capital ratio of 16.5 and a capital leverage ratio of 9.4.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.4 has resulted in Good (6.3) profitability.
Asset Mix:
Securities (33%), home mtgs (12%), cash (4%), comm loans (3%), comm re (3%), home eq lns (2%), consumer loans (1%), other (42%)
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
Ames National Corporation
Investment Rating
--
Address
401 West Adams Street
Creston, IA 50801
Creston, IA 50801
Phone Number
(641) 782-1000
Year Founded
1883
FDIC Number
Website
Largest Affiliates
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