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 (3.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (1.4) profitability.
Other Rating Factors:
A current level of 2.8 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (7.3). Good current capitalization (5.8 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 7.8.
Asset Mix:
Securities (19%), cash (19%), consumer loans (8%), comm loans (8%), comm re (8%), home mtgs (5%), other (33%)
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.