Major Rating Factors:
A current level of 5.7 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Fair asset quality (4.8). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (4.7) profitability.
Other Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 8.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Asset Mix:
Home mtgs (26%), securities (20%), comm re (16%), comm loans (5%), consumer loans (5%), home eq lns (4%), cash (2%), other (23%)
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
Henning Bancshares, Inc.
Investment Rating
--
Address
106 MN Highway 78, North
Ottertail, MN 56571
Ottertail, MN 56571
Phone Number
(218) 367-2735
Year Founded
1903
FDIC Number
Website
Largest Affiliates
No affiliate information available.