Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (5.0) profitability. A current level of 14.2 percent of nonperforming loans to core capital combined with 14.2 percent from a year earlier contributes to the Fair asset quality (4.6).
Other Rating Factors:
Good current capitalization (6.2 on a scale of 0 to 10) based on a net capital to total assets of 8.7 and a net worth ratio of 0.0. Weak liquidity 2.9, driven by a liquidity ratio of 13.4 percent and a “hot money” ratio of 1.8 percent.
Asset Mix:
Consumer loans (52%), home mtgs (13%), securities (5%), other (31%)
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
5411 Dr. MLK Jr. Boulevard
Anderson, IN 46013
Anderson, IN 46013
Phone Number
(765) 649-9226
NCUA Charter Number
Website
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