Major Rating Factors:
A current level of 10.5 percent of nonperforming loans to core capital combined with 5.3 percent from a year earlier contributes to the Fair asset quality (4.3). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (4.1) profitability.
Other Rating Factors:
Good current capitalization (5.5 on a scale of 0 to 10) based on a risk-based capital ratio of 12.2 and a capital leverage ratio of 7.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.9 on a scale of 0 to 10).
Asset Mix:
Home mtgs (35%), comm re (14%), cash (10%), securities (9%), home eq lns (4%), comm loans (3%), consumer loans (1%), other (25%)
States with Branches:
ID, MN, WA
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
Portage Bancshares, Inc.
Investment Rating
--
Address
880 108th Avenue, NE
Bellevue, WA 98004
Bellevue, WA 98004
Phone Number
(507) 632-4242
Year Founded
1901
FDIC Number
Website
Largest Affiliates
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