Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Fair (4.7) profitability. 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).
Other Rating Factors:
Good current capitalization (5.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.9 and a capital leverage ratio of 7.7. A current level of 3.5 percent of nonperforming loans to core capital combined with 13.7 percent from a year earlier contributes to the Good asset quality (5.5).
Asset Mix:
Home mtgs (22%), securities (17%), comm loans (15%), cash (13%), comm re (10%), home eq lns (3%), consumer loans (2%), 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.