Major Rating Factors:
A current level of 30.5 percent of nonperforming loans to core capital combined with 20.7 percent from a year earlier contributes to the Weak asset quality (1.9). 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 2.6, driven by a liquidity ratio of 12.5 percent and a “hot money” ratio of 36.6 percent. Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.7 has resulted in Fair (4.6) profitability.
Asset Mix:
Consumer loans (70%), other (30%)
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
142 Military Drive
Jackson, MS 39232
Jackson, MS 39232
Phone Number
(601) 932-5194
NCUA Charter Number
Website
Largest Competitors
Jackson, MS
Jackson, MS
Jackson, MS
Jackson, MS
Jackson, MS