Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.1 has resulted in Weak (2.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.6 on a scale of 0 to 10) based on a net capital to total assets of 9.0 and a net worth ratio of 0.0. A current level of 9.4 percent of nonperforming loans to core capital combined with 9.4 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Consumer loans (55%), home mtgs (8%), 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
Largest Competitors
North Liberty, IA
Waterloo, IA
Dubuque, IA
Cedar Rapids, IA
Dubuque, IA