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 (4.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.5 has resulted in Good (6.0) profitability.
Other Rating Factors:
A current level of 0.2 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (7.3). Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 12.5 and a capital leverage ratio of 8.5.
Asset Mix:
Cash (31%), comm re (20%), home mtgs (7%), comm loans (5%), home eq lns (1%), consumer loans (0%), other (36%)
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
Global Innovations Holdings, Incorporated
Investment Rating
--
Address
101 North Main Street
Kiester, MN 56051
Kiester, MN 56051
Phone Number
(877) 294-3621
Year Founded
1899
FDIC Number
Website
Largest Affiliates
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