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 (4.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Very Weak (0.9) profitability.
Other Rating Factors:
Good current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.5 and a capital leverage ratio of 9.0. A current level of 5.2 percent of nonperforming loans to core capital combined with 12.4 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Home mtgs (38%), comm re (14%), securities (7%), cash (6%), comm loans (3%), home eq lns (3%), consumer loans (1%), other (28%)
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.