Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.7 has resulted in Fair (4.4) profitability. A current level of 34.7 percent of nonperforming loans to core capital combined with 29.8 percent from a year earlier contributes to the Very Weak asset quality (0.6).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.7 and a capital leverage ratio of 11.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (32%), cash (14%), comm loans (10%), securities (9%), consumer loans (8%), comm re (7%), home eq lns (1%), other (19%)
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
Bigfork Bancshares, Inc.
Investment Rating
--
Address
400 Main Avenue
Bigfork, MN 56628
Bigfork, MN 56628
Phone Number
(218) 743-3145
Year Founded
1912
FDIC Number
Website
Largest Affiliates
No affiliate information available.