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 (4.8 on a scale of 0 to 10). A current level of 7.6 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Fair asset quality (4.5).
Other Rating Factors:
Excellent current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.2 and a capital leverage ratio of 9.0. Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.9 has resulted in Fair (4.5) profitability.
Asset Mix:
Home mtgs (23%), securities (19%), comm re (17%), comm loans (5%), consumer loans (5%), home eq lns (4%), cash (2%), other (24%)
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.