Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.9 on a scale of 0 to 10). Excellent current capitalization (7.7 on a scale of 0 to 10) and a capital leverage ratio of 9.5.
Other Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (4.3) profitability. A current level of 13.6 percent of nonperforming loans to core capital combined with 12.5 percent from a year earlier contributes to the Fair asset quality (3.4).
Asset Mix:
Comm re (23%), comm loans (13%), securities (11%), home mtgs (10%), cash (2%), consumer loans (2%), home eq lns (2%), other (37%)
States with Branches:
MN, ND, 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
Westbrand, Inc.
Investment Rating
--
Address
900 South Broadway
Minot, ND 58701
Minot, ND 58701
Phone Number
(701) 852-3711
Year Founded
1964
FDIC Number
Website
Largest Affiliates
No affiliate information available.