Major Rating Factors:
A current level of 7.5 percent of nonperforming loans to core capital combined with 4.7 percent from a year earlier contributes to the Fair asset quality (4.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.8 on a scale of 0 to 10) and a capital leverage ratio of 10.9. Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 2.5 has resulted in Good (6.2) profitability.
Asset Mix:
Securities (29%), home mtgs (11%), comm re (10%), cash (5%), comm loans (3%), home eq lns (1%), consumer loans (1%), other (40%)
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
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