Major Rating Factors:
Excellent current capitalization (9.5 on a scale of 0 to 10) and a capital leverage ratio of 10.7. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.4 has resulted in Good (6.8) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10). A current level of 3.8 percent of nonperforming loans to core capital combined with 0.5 percent from a year earlier contributes to the Fair asset quality (4.8).
Asset Mix:
Securities (27%), comm loans (7%), comm re (6%), consumer loans (5%), home mtgs (3%), cash (3%), other (49%)
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
McLean Bank Holding Company
Investment Rating
--
Address
102 North Main Street
Garrison, ND 58540
Garrison, ND 58540
Phone Number
(701) 463-2262
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.