Major Rating Factors:
Fair current capitalization (4.5 on a scale of 0 to 10) based on a risk-based capital ratio of 12.5 and a capital leverage ratio of 6.5. Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Fair (3.5) profitability.
Other Rating Factors:
A current level of 0.3 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Excellent asset quality (7.1). Fair liquidity 3.6, driven by a liquidity ratio of 35.0 percent and a “hot money” ratio of 23.1 percent.
Asset Mix:
Securities (19%), home mtgs (18%), cash (15%), comm re (5%), comm loans (5%), consumer loans (4%), home eq lns (2%), other (32%)
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
Rushford State Bancorp, Inc.
Investment Rating
--
Address
219 South Mill Street
Rushford, MN 55971
Rushford, MN 55971
Phone Number
(507) 864-7755
Year Founded
1867
FDIC Number
Largest Affiliates
No affiliate information available.