Security Bank Minnesota
Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.9 has resulted in Fair (4.6) profitability. A current level of 13.7 percent of nonperforming loans to core capital combined with 21.7 percent from a year earlier contributes to the Weak asset quality (2.7).
Other Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 15.1 and a capital leverage ratio of 10.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10).
Asset Mix:
Comm loans (50%), securities (14%), cash (13%), comm re (12%), home mtgs (2%), consumer loans (1%), home eq lns (1%), other (8%)
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
Lake Bank Shares, Inc.
Investment Rating
--
Address
437 Bridge Avenue
Albert Lea, MN 56007
Albert Lea, MN 56007
Phone Number
(507) 373-1481
Year Founded
1906
FDIC Number
Website
Largest Affiliates
No affiliate information available.