Major Rating Factors:
A current level of 12.3 percent of nonperforming loans to core capital combined with 16.6 percent from a year earlier contributes to the Weak asset quality (2.6). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.4 has resulted in Good (5.3) profitability.
Other Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) and a capital leverage ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10).
Asset Mix:
Securities (13%), comm loans (9%), comm re (8%), cash (6%), home mtgs (4%), consumer loans (3%), other (57%)
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
Dakota Financial, Inc.
Investment Rating
--
Address
240 North Second Street
Milan, MN 56262
Milan, MN 56262
Phone Number
(320) 734-4444
Year Founded
1915
FDIC Number
Website
Largest Affiliates
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