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 (4.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.0) profitability.
Other Rating Factors:
Excellent current capitalization (7.4 on a scale of 0 to 10) and a capital leverage ratio of 9.2. A current level of 7.3 percent of nonperforming loans to core capital combined with 8.1 percent from a year earlier contributes to the Good asset quality (5.0).
Asset Mix:
Securities (38%), home mtgs (14%), comm re (10%), comm loans (6%), consumer loans (5%), cash (3%), other (24%)
States with Branches:
ND
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
Hazen Bancorporation, Inc.
Investment Rating
--
Address
209 Central Avenue, North
Hazen, ND 58545
Hazen, ND 58545
Phone Number
(701) 748-2233
Year Founded
1908
FDIC Number
Website
Largest Affiliates
No affiliate information available.