Innovations Financial Credit Union

Panama City, FL

Rating Date

May 2024

Net Capital
Ratio

Leverage
Ratio

Return On
Assets

Total
Assets

Capital

Total
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Weiss Ratings	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
Rating	B
Asset Quality Index	9.40
Capitalization Index	6.00
Liquidity Index	3.00
Profitability Index	5.00
Stability Index	6.30

Company Info	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
NCUA Charter Number	1682
Phone Number	(850) 233-4400
Website	www.innovationsfcu.org/

Asset Quality	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
1-Year Asset Growth	22.98%
5-Year Asset Growth	10.20%
5-Year Charge-Offs to Average Loans	0.18%
Charge-Offs to Average Loans	0.37%
Non-Performing Assets to Assets	0.24%
Non-Performing Loans to Capital	2.76%
Non-Performing Loans to Loans	0.18%

Balance Sheet	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
Total Assets	479.04M
Total Deposits	433.29M

Capital and Reserves	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
Capital	40.14M
Leverage Ratio	8.44
Loan Loss Reserves to Loans	0.45%

Liquidity	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
Hot Money Ratio	21.07%
Liquidity Ratio	20.95%

Profitability	Innovations Financial Credit Union Panama City, FL	Click to Compare	Click to Compare	Click to Compare
5-Year Return on Average Assets	1.30%
Net Income	623.00K
Net Interest Spread	3.82%
Operating Profit to Average Assets	0.94%
Overhead Efficiency Ratio	79.96%
Return on Assets	0.55%
Return on Equity	6.26%