Major Rating Factors:
Excellent current capitalization (7.2 on a scale of 0 to 10) based on a net capital to total assets of 9.6 and a net worth ratio of 9.6. A current level of 6.8 percent of nonperforming loans to core capital contributes to the Good asset quality (6.6).
Other Rating Factors:
Excellent liquidity 7.2, driven by a liquidity ratio of 43.3 percent and a “hot money” ratio of 11.6 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.2 on a scale of 0 to 10).
Asset Mix:
Consumer loans (22%), securities (2%), home mtgs (2%), other (74%)
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
901 Avenue Q
Lubbock, TX 79401
Lubbock, TX 79401
Phone Number
(806) 765-5701
NCUA Charter Number
Website
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