Security State Bank of Marine
Major 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 (5.7 on a scale of 0 to 10). A current level of 0.9 percent of nonperforming loans to core capital combined with 1.2 percent from a year earlier contributes to the Excellent asset quality (8.7).
Other Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 2.2 has resulted in Excellent (9.9) profitability. Excellent current capitalization (9.2 on a scale of 0 to 10) based on a risk-based capital ratio of 17.0 and a capital leverage ratio of 10.5.
Asset Mix:
Home mtgs (43%), cash (19%), comm re (12%), securities (9%), comm loans (6%), home eq lns (2%), consumer loans (1%), other (8%)
States with Branches:
MN
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
Group Affiliation
Marine Bancshares, Inc.
Investment Rating
--
Address
120 Judd Street
Marine on Saint Croix, MN 55047
Marine on Saint Croix, MN 55047
Phone Number
(651) 433-2424
Year Founded
1919
FDIC Number
Website
Largest Affiliates
No affiliate information available.