Major Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (9.9). Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 39.3 and a capital leverage ratio of 9.6.
Other Rating Factors:
Good liquidity 5.6, driven by a liquidity ratio of 82.9 percent and a “hot money” ratio of 2.1 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.4 on a scale of 0 to 10).
Asset Mix:
Securities (45%), cash (31%), comm re (8%), home mtgs (8%), home eq lns (3%), consumer loans (1%), comm loans (0%), other (3%)
States with Branches:
MI
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
Jones Bancorp, Inc.
Investment Rating
--
Address
115 West Main Street
Marcellus, MI 49067
Marcellus, MI 49067
Phone Number
(269) 646-2151
Year Founded
1877
FDIC Number
Website
Largest Affiliates
No affiliate information available.