Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Fair (4.7) profitability. A current level of 16.4 percent of nonperforming loans to core capital combined with 10.8 percent from a year earlier contributes to the Weak asset quality (2.7).
Other Rating Factors:
Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 12.7 and a capital leverage ratio of 8.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Securities (20%), comm re (13%), comm loans (10%), cash (7%), home mtgs (6%), consumer loans (2%), other (43%)
States with Branches:
MN, ND
Corporate Info
First Holding Company of Cavalier, Inc.
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211 Division Avenue, South
Cavalier, ND 58220
Cavalier, ND 58220
(701) 265-8331
1905
Largest Affiliates
No affiliate information available.