Major 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 (5.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (7.5) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 27.1 and a capital leverage ratio of 19.5. A current level of 4.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.7).
Asset Mix:
Home mtgs (22%), securities (20%), comm loans (10%), cash (8%), consumer loans (2%), other (38%)
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
Readlyn Bancshares, Inc.
Investment Rating
--
Address
141 Main Street
Readlyn, IA 50668
Readlyn, IA 50668
Phone Number
(319) 279-3321
Year Founded
1904
FDIC Number
Largest Affiliates
No affiliate information available.