Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (1.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Weak (1.5) profitability.
Other Rating Factors:
Weak liquidity 1.8, driven by a liquidity ratio of 8.6 percent and a “hot money” ratio of 0.0 percent. A current level of 11.7 percent of nonperforming loans to core capital combined with 26.0 percent from a year earlier contributes to the Good asset quality (5.5).
Asset Mix:
Consumer loans (77%), securities (0%), other (23%)
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
110 Eltinge Place
Fairmont, MN 56031
Fairmont, MN 56031
Phone Number
(507) 235-5060
NCUA Charter Number
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