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 (3.1 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 1.7, driven by a liquidity ratio of 7.4 percent and a “hot money” ratio of 18.7 percent. A current level of 22.4 percent of nonperforming loans to core capital combined with 29.0 percent from a year earlier contributes to the Fair asset quality (3.7).
Asset Mix:
Home mtgs (48%), consumer loans (26%), other (26%)
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