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 (4.3 on a scale of 0 to 10).
Other Rating Factors:
Very Weak liquidity 0.4, driven by a liquidity ratio of 3.2 percent and a “hot money” ratio of 30.8 percent. A current level of 18.8 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.9).
Asset Mix:
Consumer loans (37%), home mtgs (30%), comm loans (17%), other (16%)
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
358 South Elkhart Avenue
Elkhart, IN 46516
Elkhart, IN 46516
Phone Number
(574) 294-6553
NCUA Charter Number
Website
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