Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Excellent current capitalization (9.5 on a scale of 0 to 10) and a capital leverage ratio of 10.7.
Other Rating Factors:
A current level of 7.2 percent of nonperforming loans to core capital combined with 4.7 percent from a year earlier contributes to the Good asset quality (6.5). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Fair (4.2) profitability.
Asset Mix:
Securities (34%), comm re (17%), comm loans (9%), home mtgs (6%), cash (6%), consumer loans (0%), other (27%)
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
No affiliate information available.