MidCountry Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.2 and a capital leverage ratio of 12.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 8.2 percent of nonperforming loans to core capital combined with 14.0 percent from a year earlier contributes to the Fair asset quality (4.7). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (3.5) profitability.
Asset Mix:
Comm re (33%), securities (20%), comm loans (8%), home mtgs (7%), cash (4%), consumer loans (3%), home eq lns (3%), other (22%)
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
MidCountry Acquisition Corp.
Investment Rating
--
Address
7825 Washington Avenue, South
Minneapolis, MN 55439
Minneapolis, MN 55439
Phone Number
(952) 698-6274
Year Founded
1933
FDIC Number
Website
Largest Affiliates
No affiliate information available.