Major Rating Factors: Excellent current capitalization (7.9 on a scale of 0 to 10) based on a net capital to total assets of 9.6 and a net worth ratio of 9.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.0 on a scale of 0 to 10).
Other Rating Factors: A current level of 9.2 percent of nonperforming loans to core capital contributes to the Good asset quality (6.7). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Good (6.0) profitability.
Asset Mix: Consumer loans (29%), home mtgs (28%), other (44%)