Major Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Excellent (7.2) profitability. A current level of 8.7 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Good asset quality (6.3).
Other Rating Factors:
Good current capitalization (6.3 on a scale of 0 to 10) based on a net capital to total assets of 8.7 and a net worth ratio of 0.0. Fair liquidity 4.1, driven by a liquidity ratio of 22.2 percent and a “hot money” ratio of 8.3 percent.
Asset Mix:
Consumer loans (41%), home mtgs (17%), securities (2%), other (41%)
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
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