Major Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) and a capital leverage ratio of 10.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 0.5 percent from a year earlier contributes to the Fair asset quality (4.7). Weak liquidity 2.9, driven by a liquidity ratio of 23.4 percent and a “hot money” ratio of 15.7 percent.
Asset Mix:
Securities (20%), comm re (13%), home mtgs (12%), comm loans (5%), cash (5%), 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
Kerndt Bank Services, Inc.
Investment Rating
--
Address
370 Main Street
Lansing, IA 52151
Lansing, IA 52151
Phone Number
(563) 538-4231
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.