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 (4.6 on a scale of 0 to 10). Good current capitalization (5.9 on a scale of 0 to 10) based on a net capital to total assets of 8.3 and a net worth ratio of 0.0.
Other Rating Factors:
A current level of 2.1 percent of nonperforming loans to core capital combined with 7.6 percent from a year earlier contributes to the Excellent asset quality (7.7). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 2.2 has resulted in Excellent (7.6) profitability.
Asset Mix:
Consumer loans (33%), home mtgs (8%), securities (0%), other (59%)
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
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