Major Rating Factors:
Operating profits as a percentage of assets at 0.0%, coupled with a return on assets of 0.4 has resulted in Weak (1.5) profitability. A current level of 20.9 percent of nonperforming loans to core capital combined with 12.3 percent from a year earlier contributes to the Weak asset quality (2.7).
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 (5.3 on a scale of 0 to 10). Good liquidity 5.5, driven by a liquidity ratio of 6.9 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (45%), other (55%)
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
507 East Monroe Street
Attica, IN 47918
Attica, IN 47918
Phone Number
(765) 762-2947
NCUA Charter Number
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