Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 11.9 and a net worth ratio of 0.0. A current level of 3.1 percent of nonperforming loans to core capital combined with 0.2 percent from a year earlier contributes to the Excellent asset quality (8.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.4 on a scale of 0 to 10). Good liquidity 5.9, driven by a liquidity ratio of 28.5 percent and a “hot money” ratio of 17.5 percent.
Asset Mix:
Home mtgs (21%), consumer loans (3%), other (76%)
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
26791 Ryan Road
Warren, MI 48091
Warren, MI 48091
Phone Number
(586) 756-3300
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
Warren, MI
Warren, MI
Warren, MI
Warren, MI