Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (3.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.6 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (8.1). Excellent current capitalization (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 9.3.
Asset Mix:
Comm re (15%), home mtgs (9%), securities (8%), cash (7%), comm loans (7%), consumer loans (1%), other (53%)
States with Branches:
IA, MN, SD
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
Larch Bancorporation, Inc.
Investment Rating
--
Address
100 South West Street
Canton, SD 57013
Canton, SD 57013
Phone Number
(605) 987-4363
Year Founded
1920
FDIC Number
Website
Largest Affiliates
No affiliate information available.