Major Rating Factors:
A current level of 3.1 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Good asset quality (6.6). Good current capitalization (6.4 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 8.4.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.5 has resulted in Good (5.5) profitability.
Asset Mix:
Home mtgs (36%), comm re (16%), securities (12%), cash (11%), comm loans (6%), home eq lns (6%), consumer loans (1%), other (11%)
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
Frankson Investment Corporation
Investment Rating
--
Address
101 North State Street
Waseca, MN 56093
Waseca, MN 56093
Phone Number
(507) 835-2740
Year Founded
1874
FDIC Number
Website
Largest Affiliates
No affiliate information available.