Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Fair (3.9) profitability. A current level of 17.9 percent of nonperforming loans to core capital combined with 24.1 percent from a year earlier contributes to the Weak asset quality (2.9).
Other Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 10.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.4 on a scale of 0 to 10).
Asset Mix:
Home mtgs (31%), cash (22%), comm loans (11%), comm re (9%), consumer loans (4%), securities (4%), home eq lns (3%), other (17%)
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
Matson Financial, Inc.
Investment Rating
--
Address
16 Main Street, SW
Blomkest, MN 56216
Blomkest, MN 56216
Phone Number
(320) 995-6111
Year Founded
1910
FDIC Number
Website
Largest Affiliates
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