Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
A current level of 11.1 percent of nonperforming loans to core capital combined with 17.2 percent from a year earlier contributes to the Good asset quality (5.2). Fair liquidity 4.1, driven by a liquidity ratio of 31.2 percent and a “hot money” ratio of 28.9 percent.
Asset Mix:
Securities (50%), comm re (15%), home mtgs (10%), comm loans (10%), cash (4%), consumer loans (3%), home eq lns (1%), other (6%)
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
First Bemidji Holding Company
Investment Rating
--
Address
1600 Paul Bunyan Drive, NW
Bemidji, MN 56601
Bemidji, MN 56601
Phone Number
(218) 751-2430
Year Founded
1897
FDIC Number
Website
Largest Affiliates
No affiliate information available.