Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 26.7 and a net worth ratio of 27.4. Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Good (6.2) profitability.
Other Rating Factors:
Good liquidity 6.7, driven by a liquidity ratio of 66.4 percent and a “hot money” ratio of 1.5 percent. A current level of 15.6 percent of nonperforming loans to core capital contributes to the Good asset quality (6.0).
Asset Mix:
Consumer loans (22%), home mtgs (18%), other (60%)
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
133 Tynes Street
Suffolk, VA 23434
Suffolk, VA 23434
Phone Number
(757) 922-8101
NCUA Charter Number
Website
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