Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Very Weak (0.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.8 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 4.7, driven by a liquidity ratio of 30.4 percent and a “hot money” ratio of 13.8 percent. A current level of 16.9 percent of nonperforming loans to core capital combined with 12.1 percent from a year earlier contributes to the Fair asset quality (5.0).
Asset Mix:
Home mtgs (32%), consumer loans (10%), other (58%)
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
105 North Main Street
Flasher, ND 58535
Flasher, ND 58535
Phone Number
(701) 597-3391
NCUA Charter Number
Largest Competitors
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