Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.1 on a scale of 0 to 10).
Other Rating Factors:
A current level of 7.8 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Good asset quality (6.4). Fair liquidity 4.6, driven by a liquidity ratio of 15.8 percent and a “hot money” ratio of 6.8 percent.
Asset Mix:
Consumer loans (23%), home mtgs (15%), other (62%)
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
2110 Third Avenue, North
Escanaba, MI 49829
Escanaba, MI 49829
Phone Number
(906) 786-4623
NCUA Charter Number
Website
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