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 (4.9 on a scale of 0 to 10). Excellent current capitalization (7.1 on a scale of 0 to 10) based on a net capital to total assets of 9.5 and a net worth ratio of 9.5.
Other Rating Factors:
Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 2.1 has resulted in Excellent (9.2) profitability. A current level of 3.7 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.6).
Asset Mix:
Consumer loans (37%), comm loans (18%), home mtgs (8%), securities (1%), other (36%)
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
519 Main Avenue
Lemmon, SD 57638
Lemmon, SD 57638
Phone Number
(605) 374-3380
NCUA Charter Number
Website
Largest Competitors
Rapid City, SD
Huron, SD
Sioux Falls, SD
Sioux Falls, SD
Rapid City, SD