Major Rating Factors:
Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 2.2 has resulted in Fair (4.5) profitability. Weak current capitalization (2.7 on a scale of 0 to 10) based on a net capital to total assets of 5.1 and a net worth ratio of 9.5.
Other Rating Factors:
A current level of 6.3 percent of nonperforming loans to core capital combined with 4.2 percent from a year earlier contributes to the Excellent asset quality (7.3). Good liquidity 5.4, driven by a liquidity ratio of 27.1 percent and a “hot money” ratio of 2.3 percent.
Asset Mix:
Consumer loans (34%), home mtgs (8%), other (58%)
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
1119 Corpus Christi Street
Laredo, TX 78040
Laredo, TX 78040
Phone Number
(956) 722-3971
NCUA Charter Number
Website
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