Stearns Bank National Association
Major Rating Factors:
A current level of 14.8 percent of nonperforming loans to core capital combined with 10.8 percent from a year earlier contributes to the Weak asset quality (2.9). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 2.0 has resulted in Excellent (9.4) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.5 and a capital leverage ratio of 15.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Asset Mix:
Comm loans (43%), comm re (18%), cash (7%), securities (4%), home mtgs (3%), other (25%)
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