Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Fair (4.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.8 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Excellent asset quality (7.7). Good current capitalization (6.2 on a scale of 0 to 10) based on a risk-based capital ratio of 11.9 and a capital leverage ratio of 8.2.
Asset Mix:
Securities (22%), comm loans (9%), home mtgs (8%), comm re (4%), cash (3%), consumer loans (2%), other (51%)
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.