Major Rating Factors:
Very Weak current capitalization (0.8 on a scale of 0 to 10) based on a net capital to total assets of 4.2 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.2 has resulted in Very Weak (0.8) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.6 on a scale of 0 to 10). Fair liquidity 4.9, driven by a liquidity ratio of 12.8 percent and a “hot money” ratio of 1.4 percent.
Asset Mix:
Consumer loans (9%), home mtgs (7%), other (84%)
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
185 South Main Street
Newark, DE 19711
Newark, DE 19711
Phone Number
(302) 733-0426
NCUA Charter Number
Website
Largest Competitors
Dover, DE
Dover, DE
Seaford, DE
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Newark, DE