Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 47.8 and a capital leverage ratio of 14.9. A current level of 1.7 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (8.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.1 on a scale of 0 to 10). Good liquidity 5.5, driven by a liquidity ratio of 67.2 percent and a “hot money” ratio of 8.4 percent.
Asset Mix:
Securities (53%), cash (15%), home mtgs (7%), comm re (6%), consumer loans (5%), comm loans (4%), other (11%)
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
Investment Rating
--
Address
283 Main Street
Gonvick, MN 56644
Gonvick, MN 56644
Phone Number
(218) 487-5244
Year Founded
1928
FDIC Number
Website
Largest Affiliates
No affiliate information available.