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 (3.7 on a scale of 0 to 10). Good current capitalization (5.4 on a scale of 0 to 10) based on a net capital to total assets of 7.7 and a net worth ratio of 9.0.
Other Rating Factors:
A current level of 5.4 percent of nonperforming loans to core capital combined with 11.2 percent from a year earlier contributes to the Good asset quality (6.1). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.6 has resulted in Good (5.7) profitability.
Asset Mix:
Consumer loans (55%), home mtgs (9%), securities (5%), other (32%)
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