Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Very Weak (0.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.9 on a scale of 0 to 10).
Other Rating Factors:
Good liquidity 5.1, driven by a liquidity ratio of 31.5 percent and a “hot money” ratio of 0.0 percent. A current level of 4.7 percent of nonperforming loans to core capital combined with 12.5 percent from a year earlier contributes to the Good asset quality (6.8).
Asset Mix:
Consumer loans (54%), home mtgs (1%), other (45%)
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
3200 Ridgelake Drive
Metairie, LA 70002
Metairie, LA 70002
Phone Number
(504) 831-1307
NCUA Charter Number
Largest Competitors
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA
Metairie, LA