Major Rating Factors:
A current level of 5.1 percent of nonperforming loans to core capital combined with 4.1 percent from a year earlier contributes to the Fair asset quality (4.6). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Fair (3.6) profitability.
Other Rating Factors:
Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 11.6 and a capital leverage ratio of 8.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10).
Asset Mix:
Comm re (40%), home mtgs (13%), cash (8%), home eq lns (8%), comm loans (6%), securities (2%), consumer loans (2%), other (21%)
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
North State Bancshares, Inc.
Investment Rating
--
Address
201 South Main Street
Karlstad, MN 56732
Karlstad, MN 56732
Phone Number
(218) 436-2151
Year Founded
1925
FDIC Number
Website
Largest Affiliates
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