Major Rating Factors:
A current level of 2.8 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.7). Excellent current capitalization (7.5 on a scale of 0 to 10) based on a net capital to total assets of 9.8 and a net worth ratio of 10.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10). Fair liquidity 4.1, driven by a liquidity ratio of 17.6 percent and a “hot money” ratio of 6.6 percent.
Asset Mix:
Home mtgs (26%), consumer loans (17%), securities (3%), comm loans (0%), other (53%)
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
6180 State Street
Saginaw, MI 48603
Saginaw, MI 48603
Phone Number
(989) 799-8744
NCUA Charter Number
Website
Largest Competitors
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI