Major Rating Factors:
Good current capitalization (6.4 on a scale of 0 to 10) based on a net capital to total assets of 8.8 and a net worth ratio of 8.8. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.9 has resulted in Good (6.3) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10). A current level of 9.4 percent of nonperforming loans to core capital combined with 8.3 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Consumer loans (55%), home mtgs (7%), securities (0%), other (37%)
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
Address
1207 North Second Street
Cherokee, IA 51012
Cherokee, IA 51012
Phone Number
(712) 225-5731
NCUA Charter Number
Website
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