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 (5.0 on a scale of 0 to 10). A current level of 8.1 percent of nonperforming loans to core capital combined with 5.6 percent from a year earlier contributes to the Good asset quality (5.6).
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.9 and a capital leverage ratio of 9.5. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.1 has resulted in Good (6.1) profitability.
Asset Mix:
Comm re (28%), home mtgs (27%), securities (14%), cash (9%), comm loans (8%), home eq lns (6%), other (9%)
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
Lakeview Bancorporation, Inc.
Investment Rating
--
Address
9725 163rd Street, West
Lakeville, MN 55044
Lakeville, MN 55044
Phone Number
(952) 892-9700
Year Founded
2004
FDIC Number
Website
Largest Affiliates
No affiliate information available.