Connection Bank
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 (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (5.1) profitability.
Other Rating Factors:
Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.0 and a capital leverage ratio of 9.6. A current level of 2.8 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Good asset quality (6.6).
Asset Mix:
Home mtgs (29%), comm re (26%), comm loans (12%), cash (5%), securities (3%), consumer loans (1%), home eq lns (1%), other (23%)
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
Fort Madison Financial Company
Investment Rating
--
Address
636 Avenue G
Fort Madison, IA 52627
Fort Madison, IA 52627
Phone Number
(319) 372-5164
Year Founded
1854
FDIC Number
Website
Largest Affiliates
No affiliate information available.