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 (3.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.2 has resulted in Weak (2.1) profitability.
Other Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 7.5 percent from a year earlier contributes to the Excellent asset quality (8.8). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 16.2 and a capital leverage ratio of 8.8.
Asset Mix:
Securities (36%), home mtgs (25%), comm re (5%), cash (3%), consumer loans (3%), comm loans (2%), other (26%)
States with Branches:
SD
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
Lincoln Holding Company
Investment Rating
--
Address
220 East Fifth Street
Canton, SD 57013
Canton, SD 57013
Phone Number
(605) 987-2671
Year Founded
1901
FDIC Number
Largest Affiliates
No affiliate information available.