Major Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 18.6. A current level of 8.2 percent of nonperforming loans to core capital contributes to the Good asset quality (6.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.2 has resulted in Fair (4.0) profitability.
Asset Mix:
Comm loans (36%), home mtgs (22%), consumer loans (16%), other (26%)
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
400 Monroe Avenue
Memphis, TN 38103
Memphis, TN 38103
Phone Number
(901) 385-5200
NCUA Charter Number
Website
Largest Competitors
Memphis, TN
Memphis, TN
Memphis, TN