Major Rating Factors:
A current level of 4.6 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Fair asset quality (4.9). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (3.8) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 25.9 and a capital leverage ratio of 14.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10).
Asset Mix:
Home mtgs (42%), cash (14%), consumer loans (12%), comm loans (4%), securities (4%), home eq lns (4%), comm re (4%), other (16%)
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
Jiko Group, Inc.
Investment Rating
--
Address
520 Jefferson Street, South
Wadena, MN 56482
Wadena, MN 56482
Phone Number
(218) 631-1414
Year Founded
1957
FDIC Number
Website
Largest Affiliates
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