Major Rating Factors:
A current level of 18.7 percent of nonperforming loans to core capital combined with 7.2 percent from a year earlier contributes to the Weak asset quality (2.4). Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 1.1 has resulted in Weak (1.7) profitability.
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) and a capital leverage ratio of 10.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10).
Asset Mix:
Home mtgs (42%), comm re (16%), cash (7%), securities (4%), comm loans (3%), consumer loans (3%), other (25%)
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
Security State Agency of Aitkin, Inc.
Investment Rating
--
Address
307 Pacific Avenue
Randall, MN 56475
Randall, MN 56475
Phone Number
(320) 749-2265
Year Founded
1908
FDIC Number
Website
Largest Affiliates
No affiliate information available.