Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Fair (3.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.3 percent of nonperforming loans to core capital combined with 0.5 percent from a year earlier contributes to the Excellent asset quality (9.6). Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 24.9 and a capital leverage ratio of 8.2.
Asset Mix:
Home mtgs (34%), securities (30%), cash (17%), comm re (4%), consumer loans (3%), home eq lns (1%), comm loans (1%), other (10%)
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
Investment Rating
--
Address
211 Second Street
Proctor, MN 55810
Proctor, MN 55810
Phone Number
(218) 628-1088
Year Founded
1902
FDIC Number
Website
Largest Affiliates
No affiliate information available.