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sc ks | Allowances are up due to increased loan volume I assume, as well as the ag recession we're in (fraud and bankrupt clients may also be the reason). Unrealized security losses are likely just because interest rates have increased since most of their loans were made, no different than all banks..... no big deal as long as they dont have to sell them as bonds always return to par (at least nominally). 7.6% roe is better than many companies especially in ag, including most low-leveraged farms. Looks like they're chasing volume rather than margin. I'm no banker so maybe I'm completely wrong.
Looks like the fraud was a result of some swine clients fleecing them on check writing scandal.
Edited by dogg4585 3/23/2026 18:21
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Compeer Financials
