Huron State Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 12.7. 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 9.5 percent of nonperforming loans to core capital combined with 7.1 percent from a year earlier contributes to the Good asset quality (5.6). Fair liquidity 3.5, driven by a liquidity ratio of 40.5 percent and a “hot money” ratio of 22.3 percent.
Asset Mix:
Home mtgs (41%), cash (19%), securities (12%), consumer loans (7%), comm re (4%), comm loans (3%), other (13%)
States with Branches:
MI
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
Huron National Bancorp, Inc.
Investment Rating
--
Address
200 East Erie Street
Rogers City, MI 49779
Rogers City, MI 49779
Phone Number
(989) 734-4734
Year Founded
1980
FDIC Number
Website
Largest Affiliates
No affiliate information available.