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). Weak current capitalization (1.2 on a scale of 0 to 10) based on a net capital to total assets of 4.5 and a net worth ratio of 11.1.
Other Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.1 has resulted in Weak (1.2) profitability. Fair liquidity 4.1, driven by a liquidity ratio of 16.8 percent and a “hot money” ratio of 9.7 percent.
Asset Mix:
Consumer loans (17%), securities (10%), home mtgs (6%), other (67%)
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
15916 North Florida Avenue
Lutz, FL 33549
Lutz, FL 33549
Phone Number
(813) 264-4969
NCUA Charter Number
Website
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