Farmers & Merchants State Bank of New York Mills, Incorporated
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 27.4 and a capital leverage ratio of 13.4. A current level of 1.0 percent of nonperforming loans to core capital combined with 10.5 percent from a year earlier contributes to the Excellent asset quality (7.6).
Other Rating Factors:
Fair liquidity 4.0, driven by a liquidity ratio of 30.9 percent and a “hot money” ratio of 22.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.6 on a scale of 0 to 10).
Asset Mix:
Securities (50%), comm re (12%), home mtgs (8%), consumer loans (5%), comm loans (4%), cash (2%), other (18%)
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
New York Mills Bancshares, Inc.
Investment Rating
--
Address
11 North Walker Avenue
New York Mills, MN 56567
New York Mills, MN 56567
Phone Number
(218) 385-2300
Year Founded
1916
FDIC Number
Website
Largest Affiliates
No affiliate information available.