Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.2 on a scale of 0 to 10). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a net capital to total assets of 9.8 and a net worth ratio of 11.1.
Other Rating Factors: A current level of 4.7 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.3). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Good (7.0) profitability.
Asset Mix: Consumer loans (30%), home mtgs (28%), securities (0%), other (42%)