Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.5 on a scale of 0 to 10). A current level of 15.3 percent of nonperforming loans to core capital combined with 20.8 percent from a year earlier contributes to the Weak asset quality (2.9).
Other Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. Fair liquidity 4.5, driven by a liquidity ratio of 27.4 percent and a “hot money” ratio of 5.7 percent.
Asset Mix:
Securities (51%), home mtgs (21%), consumer loans (12%), comm re (4%), cash (3%), comm loans (1%), other (8%)
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
M.I.F. Limited
Investment Rating
--
Address
101 West Lake Street
Chisholm, MN 55719
Chisholm, MN 55719
Phone Number
(218) 254-3371
Year Founded
1905
FDIC Number
Website
Largest Affiliates
No affiliate information available.