Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.3 on a scale of 0 to 10). Good current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 9.0.
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.4 has resulted in Good (5.9) profitability. A current level of 7.7 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Fair asset quality (4.7).
Asset Mix:
Comm re (20%), securities (19%), home mtgs (18%), comm loans (9%), cash (4%), consumer loans (2%), home eq lns (2%), other (26%)
States with Branches:
MN, ND, WI
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
Frandsen Financial Corporation
Investment Rating
--
Address
116 Central Street, West
Lonsdale, MN 55046
Lonsdale, MN 55046
Phone Number
(507) 353-7350
Year Founded
1901
FDIC Number
Website
Largest Affiliates
No affiliate information available.