Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 22.0 and a capital leverage ratio of 13.3. Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.9 has resulted in Excellent (7.9) profitability.
Other Rating Factors:
A current level of 2.7 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (7.8). 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).
Asset Mix:
Securities (29%), cash (21%), comm loans (13%), comm re (6%), home mtgs (2%), consumer loans (2%), other (27%)
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 Sleepy Eye Bancorporation, Inc.
Investment Rating
--
Address
102 Saint Olaf Avenue, North
Canby, MN 56220
Canby, MN 56220
Phone Number
(507) 223-7231
Year Founded
1890
FDIC Number
Largest Affiliates
Sleepy Eye, MN
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Bank