Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10). A current level of 3.4 percent of nonperforming loans to core capital combined with 15.7 percent from a year earlier contributes to the Good asset quality (5.5).
Other Rating Factors:
Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 13.7 and a capital leverage ratio of 8.6. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.3 has resulted in Good (5.5) profitability.
Asset Mix:
Home mtgs (24%), securities (18%), comm loans (16%), comm re (11%), cash (8%), home eq lns (3%), consumer loans (3%), other (17%)
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
Knoff Bancshares, Inc.
Investment Rating
--
Address
365 Broadway Avenue, South
Cokato, MN 55321
Cokato, MN 55321
Phone Number
(320) 286-2191
Year Founded
1916
FDIC Number
Website
Largest Affiliates
No affiliate information available.