Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Fair (4.4) profitability. A current level of 22.8 percent of nonperforming loans to core capital combined with 13.6 percent from a year earlier contributes to the Weak asset quality (2.4).
Other Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.3 and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Asset Mix:
Home mtgs (31%), securities (15%), comm re (13%), comm loans (5%), home eq lns (5%), cash (2%), consumer loans (1%), 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
Plainview Bankshares, Inc.
Investment Rating
--
Address
138 West Broadway
Plainview, MN 55964
Plainview, MN 55964
Phone Number
(507) 534-3131
Year Founded
1902
FDIC Number
Website
Largest Affiliates
No affiliate information available.