Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (2.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.1). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.1 and a capital leverage ratio of 9.7.
Asset Mix:
Comm re (15%), securities (9%), home mtgs (9%), cash (6%), comm loans (6%), consumer loans (1%), other (55%)
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.