Major Rating Factors:
Excellent current capitalization (8.1 on a scale of 0 to 10) 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 a Good overall stability index (6.8 on a scale of 0 to 10).
Other Rating Factors:
A current level of 5.0 percent of nonperforming loans to core capital combined with 6.6 percent from a year earlier contributes to the Good asset quality (5.5). Fair liquidity 3.7, driven by a liquidity ratio of 14.2 percent and a “hot money” ratio of 8.1 percent.
Asset Mix:
Home mtgs (41%), consumer loans (16%), securities (12%), cash (8%), comm re (7%), home eq lns (3%), comm loans (3%), other (10%)
States with Branches:
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
Investment Rating
--
Address
500 Second Avenue, North
Fargo, ND 58102
Fargo, ND 58102
Phone Number
(701) 293-2485
Year Founded
1923
FDIC Number
Website
Largest Affiliates
No affiliate information available.