Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.3 has resulted in Weak (1.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.2, driven by a liquidity ratio of 20.1 percent and a “hot money” ratio of 14.8 percent. Fair current capitalization (4.8 on a scale of 0 to 10) based on a net capital to total assets of 7.1 and a net worth ratio of 0.0.
Asset Mix:
Home mtgs (38%), consumer loans (31%), other (31%)
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
167 North Main Street
Memphis, TN 38103
Memphis, TN 38103
Phone Number
(901) 526-6771
NCUA Charter Number
Website
Largest Competitors
Memphis, TN
Memphis, TN
Memphis, TN