Worthington Federal Savings Bank, F.S.B.
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 33.0 and a capital leverage ratio of 14.1. A current level of 1.6 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Excellent asset quality (9.6).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10). Weak liquidity 2.7, driven by a liquidity ratio of 32.0 percent and a “hot money” ratio of 25.9 percent.
Asset Mix:
Home mtgs (63%), securities (15%), cash (12%), consumer loans (3%), home eq lns (2%), comm loans (0%), comm re (0%), other (3%)
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
Investment Rating
--
Address
418 11th Street
Worthington, MN 56187
Worthington, MN 56187
Phone Number
(507) 372-2131
Year Founded
1935
FDIC Number
Largest Affiliates
No affiliate information available.