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 (3.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Good (5.2) profitability.
Other Rating Factors:
A current level of 0.6 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Excellent asset quality (7.0). Good current capitalization (6.3 on a scale of 0 to 10) based on a risk-based capital ratio of 10.5 and a capital leverage ratio of 8.3.
Asset Mix:
Comm loans (11%), comm re (10%), securities (9%), home mtgs (8%), consumer loans (3%), cash (2%), other (57%)
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
First Southeastern Banc Group, Inc.
Investment Rating
--
Address
Three Main Avenue, North
Harmony, MN 55939
Harmony, MN 55939
Phone Number
(507) 886-6922
Year Founded
1893
FDIC Number
Largest Affiliates
No affiliate information available.