Major Rating Factors:
Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 23.9 and a capital leverage ratio of 9.6. A current level of 3.6 percent of nonperforming loans to core capital combined with 4.0 percent from a year earlier contributes to the Excellent asset quality (7.6).
Other Rating Factors:
Good liquidity 5.0, driven by a liquidity ratio of 52.3 percent and a “hot money” ratio of 8.3 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 (37%), cash (20%), home mtgs (18%), comm loans (7%), consumer loans (4%), comm re (4%), other (10%)
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
No affiliate information available.