Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.9. A current level of 2.7 percent of nonperforming loans to core capital combined with 8.3 percent from a year earlier contributes to the Excellent asset quality (7.4).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (6.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10).
Asset Mix:
Securities (40%), home mtgs (19%), cash (13%), comm re (10%), comm loans (3%), consumer loans (2%), home eq lns (1%), other (13%)
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
Glenwood Bancorporation
Investment Rating
--
Address
32 North Walnut Street
Glenwood, IA 51534
Glenwood, IA 51534
Phone Number
(712) 527-3157
Year Founded
1899
FDIC Number
Website
Largest Affiliates
No affiliate information available.