Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (3.5) profitability. A current level of 23.2 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Weak asset quality (2.4).
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) and a capital leverage ratio of 10.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).
Asset Mix:
Comm loans (17%), securities (14%), comm re (11%), cash (3%), home mtgs (3%), consumer loans (2%), home eq lns (2%), other (48%)
States with Branches:
ND
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
Goose River Holding Company
Investment Rating
--
Address
44 West Main Street
Mayville, ND 58257
Mayville, ND 58257
Phone Number
(701) 788-3110
Year Founded
1881
FDIC Number
Website
Largest Affiliates
No affiliate information available.