Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10). A current level of 9.9 percent of nonperforming loans to core capital combined with 9.6 percent from a year earlier contributes to the Fair asset quality (5.0).
Other Rating Factors:
Fair liquidity 3.4, driven by a liquidity ratio of 18.0 percent and a “hot money” ratio of 5.5 percent. Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.4 has resulted in Good (5.6) profitability.
Asset Mix:
Consumer loans (50%), home mtgs (10%), securities (4%), other (36%)
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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