Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Fair (4.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10).
Other Rating Factors:
A current level of 1.8 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Excellent asset quality (7.5). Good current capitalization (5.5 on a scale of 0 to 10) based on a risk-based capital ratio of 11.0 and a capital leverage ratio of 8.0.
Asset Mix:
Securities (23%), comm re (9%), home mtgs (8%), comm loans (5%), cash (4%), home eq lns (2%), consumer loans (1%), other (48%)
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
Finlayson Bancshares, Inc.
Investment Rating
--
Address
300 Front Street
Russell, MN 56169
Russell, MN 56169
Phone Number
(507) 823-4391
Year Founded
1903
FDIC Number
Website
Largest Affiliates
Sandstone, MN
-
Bank