Major Rating Factors:
A current level of 9.6 percent of nonperforming loans to core capital combined with 9.3 percent from a year earlier contributes to the Fair asset quality (4.6). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Fair (4.5) profitability.
Other Rating Factors:
Good current capitalization (5.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.2 and a capital leverage ratio of 7.7. Fair liquidity 3.3, driven by a liquidity ratio of 34.1 percent and a “hot money” ratio of 11.9 percent.
Asset Mix:
Home mtgs (22%), securities (17%), comm loans (15%), comm re (9%), cash (5%), home eq lns (3%), 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
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.