Major Rating Factors:
Excellent current capitalization (9.8 on a scale of 0 to 10) and a capital leverage ratio of 10.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.4 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.3 has resulted in Excellent (7.0) profitability. A current level of 4.4 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Good asset quality (6.5).
Asset Mix:
Securities (39%), comm re (18%), comm loans (8%), home mtgs (5%), cash (5%), consumer loans (0%), other (26%)
States with Branches:
MN, 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
Choice Financial Holdings, Inc.
Investment Rating
--
Address
4501 23rd Avenue, South
Fargo, ND 58104
Fargo, ND 58104
Phone Number
(701) 356-9700
Year Founded
1906
FDIC Number
Website
Largest Affiliates
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