New Market Bank
Major Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.2). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.9 and a capital leverage ratio of 8.7.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.6 on a scale of 0 to 10). 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.
Asset Mix:
Securities (24%), comm re (20%), home mtgs (19%), cash (11%), home eq lns (8%), comm loans (8%), consumer loans (0%), other (10%)
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
Market Bancorporation, Inc.
Investment Rating
--
Address
101 Old Town Road
Elko New Market, MN 55054
Elko New Market, MN 55054
Phone Number
(952) 469-1600
Year Founded
1905
FDIC Number
Website
Largest Affiliates
No affiliate information available.