Major Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.1 has resulted in Weak (1.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.0 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.0, driven by a liquidity ratio of 8.7 percent and a “hot money” ratio of 12.3 percent. A current level of 9.1 percent of nonperforming loans to core capital contributes to the Good asset quality (5.0).
Asset Mix:
Consumer loans (57%), home mtgs (14%), comm loans (3%), securities (1%), 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
5411 Dr. MLK Jr. Blvd.
Anderson, IN 46013
Anderson, IN 46013
Phone Number
(765) 649-9226
NCUA Charter Number
Website
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