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 (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.2 has resulted in Good (5.2) profitability.
Other Rating Factors:
A current level of 0.7 percent of nonperforming loans to core capital combined with 0.8 percent from a year earlier contributes to the Good asset quality (6.6). Good current capitalization (6.3 on a scale of 0 to 10) based on a risk-based capital ratio of 11.5 and a capital leverage ratio of 8.3.
Asset Mix:
Securities (17%), comm loans (9%), home mtgs (8%), comm re (5%), cash (3%), consumer loans (2%), other (55%)
States with Branches:
IA, 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 State Associates, Inc.
Investment Rating
--
Address
211 North Broadway Avenue
Marion, SD 57043
Marion, SD 57043
Phone Number
(605) 648-3683
Year Founded
1904
FDIC Number
Website
Largest Affiliates
No affiliate information available.