Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 13.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 8.0 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Good asset quality (5.8). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Weak (2.9) profitability.
Asset Mix:
Securities (25%), home mtgs (23%), comm re (17%), consumer loans (14%), cash (3%), comm loans (2%), home eq lns (1%), other (15%)
States with Branches:
MI
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
Eaton Federal Mutual Holding Company
Investment Rating
--
Address
236 South Cochran Avenue
Charlotte, MI 48813
Charlotte, MI 48813
Phone Number
(517) 543-3880
Year Founded
1936
FDIC Number
Website
Largest Affiliates
No affiliate information available.