| Weiss Ratings |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 6.90 | |||
| Liquidity Index | 6.10 | |||
| Profitability Index | 2.50 | |||
| Stability Index | 4.80 | |||
| Company Info |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| NCUA Charter Number | 2061 | |||
| Phone Number | (906) 337-5565 | |||
| Website | www.torchlakefederal.com | |||
| Asset Quality |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| 1-Year Asset Growth | -4.51% | |||
| 5-Year Asset Growth | 7.00% | |||
| 5-Year Charge-Offs to Average Loans | 0.14% | |||
| Charge-Offs to Average Loans | 0.10% | |||
| Non-Performing Assets to Assets | 0.00% | |||
| Non-Performing Loans to Capital | 0.00% | |||
| Non-Performing Loans to Loans | 0.00% | |||
| Balance Sheet |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 11.78M | |||
| Total Deposits | 10.64M | |||
| Capital and Reserves |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Capital | 1.11M | |||
| Leverage Ratio | 9.41 | |||
| Loan Loss Reserves to Loans | 1.01% | |||
| Liquidity |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Hot Money Ratio | 0.00% | |||
| Liquidity Ratio | 42.21% | |||
| Profitability |
Torch Lake Federal Credit Union
Laurium, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| 5-Year Return on Average Assets | 0.58% | |||
| Net Income | -56.00K | |||
| Net Interest Spread | 5.05% | |||
| Operating Profit to Average Assets | -1.82% | |||
| Overhead Efficiency Ratio | 139.55% | |||
| Return on Assets | -1.92% | |||
| Return on Equity | -19.74% | |||