Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Very Weak (1.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 16.7 and a capital leverage ratio of 9.5. A current level of 0.0 percent of nonperforming loans to core capital combined with 6.1 percent from a year earlier contributes to the Excellent asset quality (7.4).
Asset Mix:
Home mtgs (38%), comm re (10%), cash (7%), securities (7%), comm loans (3%), home eq lns (3%), consumer loans (1%), other (30%)
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
No affiliate information available.