Farmers & Merchants Savings Bank
Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Fair (4.5) profitability. A current level of 8.3 percent of nonperforming loans to core capital combined with 8.1 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.9 and a capital leverage ratio of 12.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Asset Mix:
Comm loans (32%), securities (22%), comm re (17%), home mtgs (7%), cash (2%), home eq lns (1%), consumer loans (0%), other (19%)
States with Branches:
IA, MN
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
Dunn Investment Co.
Investment Rating
--
Address
101 East Main Street
Manchester, IA 52057
Manchester, IA 52057
Phone Number
(563) 927-4475
Year Founded
1925
FDIC Number
Website
Largest Affiliates
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