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 Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 2.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.0).
Other Rating Factors:
Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 2.4 has resulted in Excellent (9.6) profitability. Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 16.3 and a capital leverage ratio of 10.5.
Asset Mix:
Home mtgs (41%), cash (18%), comm re (14%), securities (8%), comm loans (7%), home eq lns (2%), consumer loans (1%), other (10%)
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.