E
Forrest County Teachers Federal Credit Union
Rating Date
May 2024
Net Capital
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Leverage
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Capital
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Major Rating Factors: A current level of 54.6 percent of nonperforming loans to core capital combined with 7.7 percent from a year earlier contributes to the Very Weak asset quality (0.0). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.6 on a scale of 0 to 10).
Other Rating Factors: Weak current capitalization (2.2 on a scale of 0 to 10) based on a net capital to total assets of 5.2 and a net worth ratio of 4.7.
Asset Mix: Consumer loans (77%), 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
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Liquidity Ratio
Hot Money
Corporate Info
Address
610 Dumas Avenue
Hattiesburg, MS 39401
Phone Number
(601) 282-8751
NCUA Charter Number
Website