Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Fair (4.7) profitability.
Other Rating Factors:
Fair liquidity 3.1, driven by a liquidity ratio of 27.7 percent and a “hot money” ratio of 7.8 percent. A current level of 3.5 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Good asset quality (6.8).
Asset Mix:
Cash (21%), securities (15%), consumer loans (11%), comm loans (10%), comm re (9%), home mtgs (6%), other (28%)
States with Branches:
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
Investment Rating
--
Address
411 Elm Street
Kindred, ND 58051
Kindred, ND 58051
Phone Number
(701) 428-3121
Year Founded
1898
FDIC Number
Website
Largest Affiliates
No affiliate information available.