Major Rating Factors:
A current level of 4.4 percent of nonperforming loans to core capital combined with 23.1 percent from a year earlier contributes to the Fair asset quality (4.6). 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).
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. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.5 has resulted in Good (6.2) profitability.
Asset Mix:
Comm re (41%), home mtgs (12%), cash (10%), home eq lns (7%), comm loans (6%), securities (3%), consumer loans (2%), other (18%)
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
No affiliate information available.