Major Rating Factors:
A current level of 7.9 percent of nonperforming loans to core capital combined with 14.6 percent from a year earlier contributes to the Fair asset quality (3.5). 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).
Other Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 13.8 and a capital leverage ratio of 10.2. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.5 has resulted in Excellent (7.8) profitability.
Asset Mix:
Securities (17%), comm loans (5%), comm re (3%), home mtgs (2%), consumer loans (1%), cash (1%), other (70%)
States with Branches:
MT, 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
Merchants Holding Company
Investment Rating
--
Address
210 South Main Avenue
Rugby, ND 58368
Rugby, ND 58368
Phone Number
(701) 776-5811
Year Founded
1897
FDIC Number
Largest Affiliates
No affiliate information available.