Minnwest Bank
Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.7 percent of nonperforming loans to core capital combined with 6.1 percent from a year earlier contributes to the Good asset quality (6.1). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (5.5) profitability.
Asset Mix:
Comm re (19%), securities (11%), comm loans (9%), home mtgs (4%), cash (4%), home eq lns (2%), consumer loans (0%), other (51%)
States with Branches:
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
Minnwest Corporation
Investment Rating
--
Address
300 South Washington Street
Redwood Falls, MN 56283
Redwood Falls, MN 56283
Phone Number
(507) 637-5731
Year Founded
1941
FDIC Number
Website
Largest Affiliates
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