Major Rating Factors: Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Weak (1.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (9.0 on a scale of 0 to 10) based on a net capital to total assets of 10.3 and a net worth ratio of 10.3. A current level of 1.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.5).
Asset Mix: Home mtgs (34%), consumer loans (15%), other (51%)