Community Resource Bank
Major Rating Factors:
A current level of 8.3 percent of nonperforming loans to core capital combined with 7.9 percent from a year earlier contributes to the Fair asset quality (4.2). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.4 has resulted in Good (6.6) profitability.
Other Rating Factors:
Excellent current capitalization (9.3 on a scale of 0 to 10) based on a risk-based capital ratio of 15.2 and a capital leverage ratio of 10.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10).
Asset Mix:
Comm re (32%), securities (19%), home mtgs (14%), comm loans (8%), cash (2%), home eq lns (2%), consumer loans (1%), other (22%)
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
MidCountry Acquisition Corp.
Investment Rating
--
Address
1605 Heritage Drive
Northfield, MN 55057
Northfield, MN 55057
Phone Number
(507) 645-4441
Year Founded
1878
FDIC Number
Website
Largest Affiliates
Bloomington, MN
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Bank
Little Falls, MN
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Bank
McGregor, MN
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Bank