Major Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.1 has resulted in Fair (3.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.0 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.1 on a scale of 0 to 10) based on a net capital to total assets of 8.5 and a net worth ratio of 11.5. A current level of 6.3 percent of nonperforming loans to core capital combined with 6.3 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Consumer loans (55%), home mtgs (10%), securities (6%), other (28%)
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
935 N Baldwin Ave.
Marion, IN 46952
Marion, IN 46952
Phone Number
(765) 664-8089
NCUA Charter Number
Website
Largest Competitors
South Bend, IN
Evansville, IN
Marion, IN
Marion, IN
Marion, IN