C
The Harvard State Bank
HarvardIL
Rating Date
April 2025
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.4 has resulted in Weak (2.7) profitability.
Other Rating Factors: A current level of 1.6 percent of nonperforming loans to core capital combined with 3.5 percent from a year earlier contributes to the Excellent asset quality (7.8). Good current capitalization (6.8 on a scale of 0 to 10) based on a risk-based capital ratio of 15.5 and a capital leverage ratio of 8.8.
Asset Mix: Securities (33%), comm re (23%), home mtgs (17%), comm loans (5%), cash (3%), home eq lns (3%), consumer loans (0%), other (14%)
States with Branches: IL
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Group Affiliation
Harvard Bancshares, Inc.
Investment Rating
--
Address
35 North Ayer Street
Harvard, IL 60033
Phone Number
(815) 943-4400
Year Founded
1866
FDIC Number
Largest Affiliates
No affiliate information available.