Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 9.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.0) profitability. A current level of 8.1 percent of nonperforming loans to core capital combined with 8.2 percent from a year earlier contributes to the Fair asset quality (4.6).
Asset Mix:
Home mtgs (24%), comm re (20%), securities (18%), comm loans (10%), consumer loans (9%), cash (8%), home eq lns (3%), other (8%)
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
Security State Bancshares of Bemidji, Inc.
Investment Rating
--
Address
1025 Paul Bunyan Drive, NW
Bemidji, MN 56601
Bemidji, MN 56601
Phone Number
(218) 751-1510
Year Founded
1910
FDIC Number
Website
Largest Affiliates
No affiliate information available.