Major Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.4 has resulted in Weak (2.2) profitability. A current level of 3.1 percent of nonperforming loans to core capital contributes to the Good asset quality (6.7).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Asset Mix:
Comm re (28%), home mtgs (26%), comm loans (12%), cash (4%), securities (4%), home eq lns (2%), consumer loans (1%), other (23%)
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
Riverland Bancorporation
Investment Rating
--
Address
700 Seville Drive
Jordan, MN 55352
Jordan, MN 55352
Phone Number
(952) 492-2750
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.