Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 6.6 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Excellent asset quality (7.3).
Other Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.2 has resulted in Excellent (9.3) profitability. Excellent current capitalization (7.8 on a scale of 0 to 10) based on a net capital to total assets of 10.0 and a net worth ratio of 10.7.
Asset Mix:
Consumer loans (45%), home mtgs (21%), other (34%)
Corporate Info
1827 Ansborough Avenue
Waterloo, IA 50701
Waterloo, IA 50701
(319) 236-5600
Largest Competitors
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Waterloo, IA