B
MIDFLORIDA Credit Union
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings MIDFLORIDA Credit Union
Lakeland, FL
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Rating B
Asset Quality Index 9.20
Capitalization Index 7.30
Liquidity Index 2.60
Profitability Index 10.00
Stability Index 5.70
Company Info MIDFLORIDA Credit Union
Lakeland, FL
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NCUA Charter Number 142
Phone Number (863) 688-3733
Website www.midflorida.com
Asset Quality MIDFLORIDA Credit Union
Lakeland, FL
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1-Year Asset Growth 13.78%
5-Year Asset Growth 18.02%
5-Year Charge-Offs to Average Loans 0.27%
Charge-Offs to Average Loans 0.30%
Non-Performing Assets to Assets 0.32%
Non-Performing Loans to Capital 3.05%
Non-Performing Loans to Loans 0.36%
Balance Sheet MIDFLORIDA Credit Union
Lakeland, FL
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Total Assets 7.52B
Total Deposits 6.43B
Capital and Reserves MIDFLORIDA Credit Union
Lakeland, FL
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Capital 714.50M
Leverage Ratio 10.16
Loan Loss Reserves to Loans 1.12%
Liquidity MIDFLORIDA Credit Union
Lakeland, FL
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Hot Money Ratio 12.26%
Liquidity Ratio 13.15%
Profitability MIDFLORIDA Credit Union
Lakeland, FL
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5-Year Return on Average Assets 1.47%
Net Income 100.05M
Net Interest Spread 3.50%
Operating Profit to Average Assets 1.89%
Overhead Efficiency Ratio 60.66%
Return on Assets 1.40%
Return on Equity 15.29%
Weiss Ratings