Major Rating Factors:
Excellent current capitalization (8.5 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 11.1. A current level of 4.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.5).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Good (6.3) profitability. Good liquidity 5.5, driven by a liquidity ratio of 27.7 percent and a “hot money” ratio of 4.8 percent.
Asset Mix:
Consumer loans (29%), securities (2%), home mtgs (2%), other (67%)
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
Address
220 South Harth Avenue
Madison, SD 57042
Madison, SD 57042
Phone Number
(605) 256-8145
NCUA Charter Number
Website
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