Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 11.4 and a capital leverage ratio of 8.5.
Other Rating Factors:
Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.9 has resulted in Excellent (7.9) profitability. A current level of 3.7 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.3).
Asset Mix:
Home mtgs (52%), comm re (13%), comm loans (11%), home eq lns (6%), consumer loans (3%), cash (2%), other (14%)
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
MinnDak Bancshares, Inc.
Investment Rating
--
Address
202 Main Street
Kent, MN 56553
Kent, MN 56553
Phone Number
(218) 557-8381
Year Founded
1902
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.