Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 14.4 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (9.0) profitability.
Other Rating Factors:
A current level of 3.3 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (8.9). Excellent liquidity 7.6, driven by a liquidity ratio of 55.0 percent and a “hot money” ratio of 4.7 percent.
Asset Mix:
Consumer loans (15%), home mtgs (7%), other (78%)
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
27850 Mound Road
Warren, MI 48092
Warren, MI 48092
Phone Number
(586) 751-4400
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
Warren, MI
Warren, MI
Warren, MI