Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 51.2 and a capital leverage ratio of 16.9. A current level of 2.5 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (8.5).
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 (7.9 on a scale of 0 to 10). Good liquidity 5.2, driven by a liquidity ratio of 63.3 percent and a “hot money” ratio of 9.9 percent.
Asset Mix:
Securities (60%), home mtgs (8%), consumer loans (5%), comm re (5%), comm loans (5%), cash (4%), other (13%)
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.