Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 2.1 percent of nonperforming loans to core capital combined with 2.8 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 25.8 and a capital leverage ratio of 18.3. Operating profits as a percentage of assets at 3.2%, coupled with a return on assets of 2.5 has resulted in Excellent (9.4) profitability.
Asset Mix:
Comm re (35%), securities (18%), consumer loans (13%), cash (8%), home mtgs (6%), comm loans (2%), other (18%)
States with Branches:
AZ, NE, NM, NV, SD, TX
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
Farrar Beresford Bancorporation Inc. Irrevocable Trust
Investment Rating
--
Address
201 North Third Street
Beresford, SD 57004
Beresford, SD 57004
Phone Number
(605) 763-2009
Year Founded
1913
FDIC Number
Largest Affiliates
No affiliate information available.