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 (4.9 on a scale of 0 to 10). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.7 and a capital leverage ratio of 8.7.
Other Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Excellent asset quality (8.6). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.5 has resulted in Good (6.8) profitability.
Asset Mix:
Home mtgs (24%), comm re (17%), securities (11%), cash (10%), comm loans (10%), home eq lns (3%), consumer loans (2%), other (23%)
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
Underwood Bancshares, Inc.
Investment Rating
--
Address
110 Main Street, North
Underwood, MN 56586
Underwood, MN 56586
Phone Number
(218) 826-6112
Year Founded
1915
FDIC Number
Website
Largest Affiliates
No affiliate information available.