Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.0 and a net worth ratio of 13.3. A current level of 13.2 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Good asset quality (6.1).
Other Rating Factors:
Good liquidity 6.4, driven by a liquidity ratio of 39.7 percent and a “hot money” ratio of 2.5 percent. Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.3 has resulted in Good (5.2) profitability.
Asset Mix:
Consumer loans (40%), home mtgs (1%), other (59%)
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
401 South New Street
Dover, DE 19904
Dover, DE 19904
Phone Number
(302) 734-1133
NCUA Charter Number
Website
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