Major Rating Factors:
A current level of 9.1 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.6). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.1 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.3 on a scale of 0 to 10) based on a net capital to total assets of 8.8 and a net worth ratio of 8.8. Weak liquidity 2.2, driven by a liquidity ratio of 9.2 percent and a “hot money” ratio of 24.0 percent.
Asset Mix:
Consumer loans (77%), home mtgs (0%), other (23%)
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
5507 West Wadley Avenue
Midland, TX 79707
Midland, TX 79707
Phone Number
(432) 681-1050
NCUA Charter Number
Website
Largest Competitors
Live Oak, TX
Midland, TX
Midland, TX
Midland, TX
Midland, TX