Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (2.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.1 and a capital leverage ratio of 14.2. A current level of 0.6 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (7.0).
Asset Mix:
Home mtgs (55%), consumer loans (28%), cash (11%), comm re (2%), comm loans (1%), home eq lns (1%), other (2%)
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
Minnesota Thrift Company
Investment Rating
--
Address
1932 Viking Drive, NW
Rochester, MN 55901
Rochester, MN 55901
Phone Number
(507) 289-0411
Year Founded
1956
FDIC Number
Website
Largest Affiliates
No affiliate information available.