| Weiss Ratings |
Lake Michigan Credit Union
Caledonia, MI |
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| Rating | ||||
| Asset Quality Index | 9.30 | |||
| Capitalization Index | 9.70 | |||
| Liquidity Index | 1.80 | |||
| Profitability Index | 9.30 | |||
| Stability Index | 5.00 | |||
| Company Info |
Lake Michigan Credit Union
Caledonia, MI |
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| NCUA Charter Number | 323 | |||
| Phone Number | (616) 242-9790 | |||
| Website | www.lmcu.org | |||
| Asset Quality |
Lake Michigan Credit Union
Caledonia, MI |
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| 1-Year Asset Growth | 5.77% | |||
| 5-Year Asset Growth | 16.18% | |||
| 5-Year Charge-Offs to Average Loans | 0.07% | |||
| Charge-Offs to Average Loans | 0.14% | |||
| Non-Performing Assets to Assets | 0.29% | |||
| Non-Performing Loans to Capital | 2.46% | |||
| Non-Performing Loans to Loans | 0.34% | |||
| Balance Sheet |
Lake Michigan Credit Union
Caledonia, MI |
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| Total Assets | 15.21B | |||
| Total Deposits | 12.87B | |||
| Capital and Reserves |
Lake Michigan Credit Union
Caledonia, MI |
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| Capital | 1.72B | |||
| Leverage Ratio | 11.91 | |||
| Loan Loss Reserves to Loans | 0.82% | |||
| Liquidity |
Lake Michigan Credit Union
Caledonia, MI |
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| Hot Money Ratio | 16.24% | |||
| Liquidity Ratio | 8.81% | |||
| Profitability |
Lake Michigan Credit Union
Caledonia, MI |
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| 5-Year Return on Average Assets | 1.47% | |||
| Net Income | 156.22M | |||
| Net Interest Spread | 3.08% | |||
| Operating Profit to Average Assets | 1.64% | |||
| Overhead Efficiency Ratio | 57.86% | |||
| Return on Assets | 1.40% | |||
| Return on Equity | 12.80% | |||