Major Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 5.7 percent from a year earlier contributes to the Good asset quality (5.9). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (4.1) profitability.
Asset Mix:
Home mtgs (41%), consumer loans (15%), securities (15%), comm re (8%), cash (6%), 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
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