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 (3.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.3 has resulted in Very Weak (0.2) profitability.
Other Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (9.4). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 23.4 and a capital leverage ratio of 8.6.
Asset Mix:
Home mtgs (35%), securities (26%), cash (16%), comm re (5%), consumer loans (4%), home eq lns (1%), comm loans (1%), other (12%)
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.