Carolina Trust Federal Credit Union
Major 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 (4.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.5 has resulted in Fair (4.5) profitability.
Other Rating Factors:
A current level of 6.4 percent of nonperforming loans to core capital combined with 7.8 percent from a year earlier contributes to the Excellent asset quality (7.6). Good current capitalization (5.2 on a scale of 0 to 10) based on a net capital to total assets of 7.6 and a net worth ratio of 8.9.
Asset Mix:
Consumer loans (33%), home mtgs (25%), other (43%)
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
1010 21st Avenue, North
Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
Phone Number
(843) 448-2133
NCUA Charter Number
Website
Largest Competitors
Lancaster, SC
North Charleston, SC
Sumter, SC
North Augusta, SC
Indian Land, SC