Major Rating Factors:
A current level of 0.6 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Excellent asset quality (8.5). Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9.
Other Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Fair (4.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Asset Mix:
Securities (26%), cash (22%), home mtgs (12%), comm loans (9%), consumer loans (6%), comm re (5%), other (19%)
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
Grygla Financial Corporation
Investment Rating
--
Address
102 South Main Avenue
Grygla, MN 56727
Grygla, MN 56727
Phone Number
(218) 294-6111
Year Founded
1976
FDIC Number
Website
Largest Affiliates
No affiliate information available.