Major Rating Factors:
A current level of 16.0 percent of nonperforming loans to core capital combined with 12.7 percent from a year earlier contributes to the Fair asset quality (3.6). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Good (6.4) profitability.
Other Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 13.4 and a capital leverage ratio of 10.3. 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).
Asset Mix:
Comm re (23%), home mtgs (20%), comm loans (12%), cash (7%), home eq lns (2%), consumer loans (2%), securities (1%), other (34%)
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
Investment Rating
--
Address
Five East Minnesota Avenue
Glenwood, MN 56334
Glenwood, MN 56334
Phone Number
(320) 634-5111
Year Founded
1907
FDIC Number
Website
Largest Affiliates
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