Major Rating Factors:
A current level of 7.6 percent of nonperforming loans to core capital combined with 3.7 percent from a year earlier contributes to the Good asset quality (5.7). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.8 has resulted in Excellent (7.6) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Excellent current capitalization (9.9 on a scale of 0 to 10) and a capital leverage ratio of 10.9.
Asset Mix:
Comm re (16%), home mtgs (11%), cash (8%), securities (5%), comm loans (3%), consumer loans (2%), home eq lns (2%), other (53%)
States with Branches:
MN, ND
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
Security State Bank Holding Company
Investment Rating
--
Address
5650 37th Avenue South
Fargo, ND 58104
Fargo, ND 58104
Phone Number
(701) 532-2265
Year Founded
1927
FDIC Number
Website
Largest Affiliates
No affiliate information available.