Major Rating Factors:
A current level of 2.2 percent of nonperforming loans to core capital combined with 4.2 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 0.8 has resulted in Weak (1.5) profitability.
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 (6.2 on a scale of 0 to 10). Good current capitalization (5.4 on a scale of 0 to 10) and a capital leverage ratio of 9.5.
Asset Mix:
Securities (23%), comm loans (6%), comm re (3%), cash (2%), home mtgs (2%), home eq lns (1%), consumer loans (1%), other (63%)
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
Midwest Bancshares, Inc.
Investment Rating
--
Address
1600 Main Street
Tyndall, SD 57066
Tyndall, SD 57066
Phone Number
(605) 260-7852
Year Founded
1932
FDIC Number
Website
Largest Affiliates
No affiliate information available.