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 (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Good (5.3) profitability.
Other Rating Factors:
Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 8.5. A current level of 3.7 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Comm loans (34%), comm re (33%), home mtgs (11%), securities (9%), home eq lns (3%), cash (2%), consumer loans (0%), other (7%)
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
Platinum Bancorp, Inc.
Investment Rating
--
Address
7667 10th Street, North
Oakdale, MN 55128
Oakdale, MN 55128
Phone Number
(651) 332-5200
Year Founded
2007
FDIC Number
Website
Largest Affiliates
No affiliate information available.