Major Rating Factors:
A current level of 30.0 percent of nonperforming loans to core capital combined with 22.7 percent from a year earlier contributes to the Weak asset quality (3.0).
Other Rating Factors:
Weak liquidity 1.5, driven by a liquidity ratio of 6.6 percent and a “hot money” ratio of 14.0 percent. Fair current capitalization (5.0 on a scale of 0 to 10) based on a net capital to total assets of 7.3 and a net worth ratio of 9.1.
Asset Mix:
Home mtgs (48%), consumer loans (29%), other (23%)
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
3600 Wake Forest Road
Raleigh, NC 27609
Raleigh, NC 27609
Phone Number
(919) 755-0534
NCUA Charter Number
Website
Largest Competitors
Raleigh, NC
Raleigh, NC
Raleigh, NC
Raleigh, NC
