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 (4.3 on a scale of 0 to 10). A current level of 4.3 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Good asset quality (5.3).
Other Rating Factors:
Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 13.6 and a capital leverage ratio of 9.6. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.4 has resulted in Good (5.9) profitability.
Asset Mix:
Securities (21%), comm loans (12%), comm re (11%), home mtgs (8%), consumer loans (2%), cash (2%), other (44%)
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
Beall Bancshares Inc.
Investment Rating
--
Address
101 North Main Street
Velva, ND 58790
Velva, ND 58790
Phone Number
(701) 338-2821
Year Founded
1915
FDIC Number
Website
Largest Affiliates
No affiliate information available.