Major Rating Factors:
Very Weak current capitalization (0.0 on a scale of 0 to 10) based on a net capital to total assets of 2.3 and a net worth ratio of 0.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.2 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 4.8, driven by a liquidity ratio of 22.1 percent and a “hot money” ratio of 3.7 percent. A current level of 16.8 percent of nonperforming loans to core capital combined with 16.8 percent from a year earlier contributes to the Good asset quality (5.2).
Asset Mix:
Consumer loans (20%), home mtgs (9%), other (72%)
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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