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 (3.9 on a scale of 0 to 10). A current level of 9.1 percent of nonperforming loans to core capital combined with 5.2 percent from a year earlier contributes to the Good asset quality (5.3).
Other Rating Factors:
Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.1 has resulted in Excellent (7.8) profitability. Good current capitalization (6.2 on a scale of 0 to 10) based on a net capital to total assets of 8.6 and a net worth ratio of 0.0.
Asset Mix:
Consumer loans (43%), home mtgs (16%), securities (2%), other (39%)
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
3130 Rockefeller Avenue
Everett, WA 98201
Everett, WA 98201
Phone Number
(425) 405-9973
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Everett, WA
Everett, WA
Everett, WA
Everett, WA