Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.4 has resulted in Fair (3.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Other Rating Factors:
A current level of 5.8 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (7.3). Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 11.1 and a capital leverage ratio of 8.0.
Asset Mix:
Comm re (24%), home mtgs (19%), comm loans (15%), securities (12%), cash (4%), home eq lns (4%), consumer loans (0%), other (21%)
States with Branches:
AZ, MN
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
Group Affiliation
Tradition Bancshares, Inc.
Investment Rating
--
Address
100 Lake Street West
Wayzata, MN 55391
Wayzata, MN 55391
Phone Number
(952) 223-8000
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.