Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 24.9 and a capital leverage ratio of 9.5. A current level of 5.5 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Good asset quality (6.7).
Other Rating Factors:
Good liquidity 5.1, driven by a liquidity ratio of 55.0 percent and a “hot money” ratio of 7.7 percent. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Fair (4.2) profitability.
Asset Mix:
Securities (39%), home mtgs (20%), cash (18%), comm loans (5%), consumer loans (4%), comm re (3%), other (11%)
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
Darwin Bancshares, Inc.
Investment Rating
--
Address
318 First Street, North
Darwin, MN 55324
Darwin, MN 55324
Phone Number
(320) 693-2826
Year Founded
1914
FDIC Number
Website
Largest Affiliates
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