Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a net capital to total assets of 11.3 and a net worth ratio of 11.4. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.4 has resulted in Excellent (9.2) profitability.
Other Rating Factors:
A current level of 6.1 percent of nonperforming loans to core capital contributes to the Good asset quality (6.7). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Asset Mix:
Securities (43%), consumer loans (18%), home mtgs (7%), comm loans (5%), other (27%)
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
4550 Division Street
Trenton, MI 48183
Trenton, MI 48183
Phone Number
(734) 675-3100
NCUA Charter Number
Website
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