Major Rating Factors:
Excellent current capitalization (9.6 on a scale of 0 to 10) based on a risk-based capital ratio of 17.0 and a capital leverage ratio of 10.8. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Good (6.6) 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 (6.4 on a scale of 0 to 10). Fair liquidity 3.0, driven by a liquidity ratio of 23.0 percent and a “hot money” ratio of 9.8 percent.
Asset Mix:
Securities (20%), comm loans (10%), home mtgs (6%), comm re (5%), cash (1%), consumer loans (0%), other (58%)
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
Wabasso Bancshares, Inc.
Investment Rating
--
Address
726 Main Street
Wabasso, MN 56293
Wabasso, MN 56293
Phone Number
(507) 342-5111
Year Founded
1934
FDIC Number
Website
Largest Affiliates
No affiliate information available.