Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Fair (4.5) profitability. A current level of 11.5 percent of nonperforming loans to core capital combined with 18.2 percent from a year earlier contributes to the Fair asset quality (3.8).
Other Rating Factors:
Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 8.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (39%), securities (17%), consumer loans (7%), comm loans (4%), cash (1%), comm re (0%), other (31%)
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
Odin Bancshares, Inc.
Investment Rating
--
Address
101 East Main Street
Odin, MN 56160
Odin, MN 56160
Phone Number
(507) 736-2691
Year Founded
1904
FDIC Number
Website
Largest Affiliates
No affiliate information available.