Major Rating Factors:
A current level of 106.1 percent of nonperforming loans to core capital contributes to the Very Weak asset quality (0.3).
Other Rating Factors:
Very Weak liquidity 0.8, driven by a liquidity ratio of 4.3 percent and a “hot money” ratio of 23.5 percent. Weak current capitalization (2.3 on a scale of 0 to 10) based on a net capital to total assets of 5.0 and a net worth ratio of 7.1.
Asset Mix:
Home mtgs (50%), consumer loans (24%), comm loans (7%), other (20%)
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