Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 22.1 and a net worth ratio of 22.1. Operating profits as a percentage of assets at 9.9%, coupled with a return on assets of 8.9 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A current level of 2.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.7). Excellent liquidity 7.2, driven by a liquidity ratio of 308.1 percent and a “hot money” ratio of 45.8 percent.
Asset Mix:
Consumer loans (22%), home mtgs (14%), other (64%)
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
One Main BIA 2, Suite 103/104
Kyle, SD 57752
Kyle, SD 57752
Phone Number
(605) 455-1515
NCUA Charter Number
Website
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