Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.8 and a capital leverage ratio of 11.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.7 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.8 has resulted in Excellent (7.7) profitability. Good liquidity 5.1, driven by a liquidity ratio of 41.3 percent and a “hot money” ratio of 12.8 percent.
Asset Mix:
Consumer loans (50%), securities (32%), cash (7%), comm re (3%), comm loans (1%), home mtgs (1%), other (5%)
States with Branches:
CA, MA, UT
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
Happen, Inc.
Investment Rating
Address
2701 North Thanksgiving Way
Lehi, UT 84043
Lehi, UT 84043
Phone Number
(888) 376-6642
Year Founded
1987
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.