Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.7. A current level of 3.4 percent of nonperforming loans to core capital combined with 9.0 percent from a year earlier contributes to the Excellent asset quality (7.2).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (6.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.4 on a scale of 0 to 10).
Asset Mix:
Securities (39%), home mtgs (19%), cash (13%), comm re (9%), comm loans (4%), 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.