Stearns Bank National Association
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 (3.7 on a scale of 0 to 10). A current level of 9.0 percent of nonperforming loans to core capital combined with 4.2 percent from a year earlier contributes to the Good asset quality (5.4).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.9 and a capital leverage ratio of 17.2. Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 1.7 has resulted in Excellent (9.2) profitability.
Asset Mix:
Comm loans (46%), comm re (18%), cash (9%), home mtgs (4%), securities (3%), home eq lns (1%), other (20%)
States with Branches:
AZ, FL, 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
Stearns Financial Services, Inc.
Investment Rating
--
Address
4191 Second Street, South
Saint Cloud, MN 56301
Saint Cloud, MN 56301
Phone Number
(320) 253-6607
Year Founded
1912
FDIC Number
Website
Largest Affiliates
Holdingford, MN
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Bank
Upsala, MN
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Bank