Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (3.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 34.9 and a capital leverage ratio of 27.7. A current level of 1.1 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Excellent asset quality (7.9).
Asset Mix:
Comm loans (76%), cash (11%), securities (7%), home mtgs (0%), consumer loans (0%), other (6%)
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
Stearns Financial Services, Inc.
Investment Rating
--
Address
105 South Main Street
Upsala, MN 56384
Upsala, MN 56384
Phone Number
(320) 573-2111
Year Founded
1914
FDIC Number
Website
Largest Affiliates
Saint Cloud, MN
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Bank
Holdingford, MN
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Bank