Major Rating Factors:
Excellent current capitalization (8.5 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 0.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.3 has resulted in Good (5.3) profitability. A current level of 12.8 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.8).
Asset Mix:
Consumer loans (72%), home mtgs (0%), other (28%)
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