Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Weak (2.9) profitability. A current level of 2.3 percent of nonperforming loans to core capital combined with 1.8 percent from a year earlier contributes to the Excellent asset quality (7.4).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.3 on a scale of 0 to 10). Excellent current capitalization (8.0 on a scale of 0 to 10) and a capital leverage ratio of 10.2.
Asset Mix:
Comm re (22%), securities (15%), comm loans (15%), home mtgs (9%), cash (5%), consumer loans (2%), home eq lns (1%), other (31%)
States with Branches:
MN, SD
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
Fishback Financial Corporation
Investment Rating
--
Address
520 Sixth Street
Brookings, SD 57006
Brookings, SD 57006
Phone Number
(605) 696-2265
Year Founded
1925
FDIC Number
Largest Affiliates
No affiliate information available.