Major Rating Factors:
A current level of 13.3 percent of nonperforming loans to core capital combined with 7.8 percent from a year earlier contributes to the Weak asset quality (2.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.0 on a scale of 0 to 10) and a capital leverage ratio of 10.3. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.4 has resulted in Excellent (8.0) profitability.
Asset Mix:
Comm loans (9%), home mtgs (6%), comm re (3%), cash (2%), consumer loans (1%), other (78%)
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
Currie Bancorporation, Inc.
Investment Rating
--
Address
141 Mill Street
Currie, MN 56123
Currie, MN 56123
Phone Number
(507) 763-3262
Year Founded
1931
FDIC Number
Website
Largest Affiliates
No affiliate information available.