Major Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 17.6 and a capital leverage ratio of 10.0. A current level of 2.3 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Excellent asset quality (7.3).
Other Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.9 has resulted in Fair (4.0) profitability. Fair liquidity 3.1, driven by a liquidity ratio of 12.9 percent and a “hot money” ratio of 17.6 percent.
Asset Mix:
Securities (36%), comm re (11%), home mtgs (11%), comm loans (5%), cash (3%), consumer loans (2%), home eq lns (2%), other (29%)
States with Branches:
MN, SD
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
First Rushmore Bancorporation, Inc.
Investment Rating
--
Address
202 Eighth Avenue SE
Pipestone, MN 56164
Pipestone, MN 56164
Phone Number
(507) 376-9747
Year Founded
1903
FDIC Number
Website
Largest Affiliates
No affiliate information available.