Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (1.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.6 has resulted in Weak (2.5) profitability.
Other Rating Factors:
Fair liquidity 3.1, driven by a liquidity ratio of 34.2 percent and a “hot money” ratio of 9.2 percent. Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 9.4.
Asset Mix:
Securities (54%), consumer loans (38%), other (8%)
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
3500 North Causeway Boulevard
Metairie, LA 70002
Metairie, LA 70002
Phone Number
(504) 832-5900
NCUA Charter Number
Website
Largest Competitors
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA