Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.1 on a scale of 0 to 10). Fair current capitalization (3.2 on a scale of 0 to 10) based on a net capital to total assets of 5.5 and a net worth ratio of 10.6.
Other Rating Factors:
Fair liquidity 4.7, driven by a liquidity ratio of 23.5 percent and a “hot money” ratio of 4.3 percent. Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.6 has resulted in Good (5.2) profitability.
Asset Mix:
Consumer loans (22%), home mtgs (7%), comm loans (2%), other (69%)
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
15261 Trenton Road
Southgate, MI 48195
Southgate, MI 48195
Phone Number
(313) 386-2200
NCUA Charter Number
Website
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