Major Rating Factors:
A current level of 7.6 percent of nonperforming loans to core capital combined with 14.0 percent from a year earlier contributes to the Fair asset quality (4.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.2 on a scale of 0 to 10) based on a risk-based capital ratio of 12.6 and a capital leverage ratio of 10.5. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.9 has resulted in Fair (4.6) profitability.
Asset Mix:
Comm re (24%), home mtgs (20%), comm loans (19%), securities (11%), cash (3%), home eq lns (2%), consumer loans (1%), other (20%)
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
Olmsted Holding Corporation
Investment Rating
--
Address
975 34th Avenue, NW
Rochester, MN 55901
Rochester, MN 55901
Phone Number
(507) 280-0621
Year Founded
1996
FDIC Number
Website
Largest Affiliates
No affiliate information available.