Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 10.8. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.3 has resulted in Good (5.7) profitability.
Other Rating Factors:
A current level of 6.7 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Good asset quality (5.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Securities (19%), home mtgs (19%), comm loans (9%), cash (7%), consumer loans (6%), comm re (4%), home eq lns (4%), other (32%)
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
First State Agency of Le Center, Inc.
Investment Rating
--
Address
88 North Park Avenue
Le Center, MN 56057
Le Center, MN 56057
Phone Number
(507) 357-2225
Year Founded
1902
FDIC Number
Website
Largest Affiliates
No affiliate information available.