Major Rating Factors:
Excellent current capitalization (8.2 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 9.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.0 percent of nonperforming loans to core capital combined with 4.5 percent from a year earlier contributes to the Good asset quality (6.4). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (3.5) profitability.
Asset Mix:
Home mtgs (26%), comm re (25%), comm loans (13%), cash (7%), home eq lns (3%), securities (1%), consumer loans (1%), other (23%)
States with Branches:
AZ, FL, MN, ND
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
State Bankshares, Inc.
Investment Rating
--
Address
520 Main Avenue
Fargo, ND 58103
Fargo, ND 58103
Phone Number
(701) 298-2240
Year Founded
1966
FDIC Number
Website
Largest Affiliates
No affiliate information available.