| Weiss Ratings |
Lake Michigan Credit Union
Caledonia, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 8.10 | |||
| Liquidity Index | 2.10 | |||
| Profitability Index | 8.90 | |||
| Stability Index | 5.70 | |||
| 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 | 12.58% | |||
| 5-Year Asset Growth | 17.14% | |||
| 5-Year Charge-Offs to Average Loans | 0.04% | |||
| Charge-Offs to Average Loans | 0.14% | |||
| Non-Performing Assets to Assets | 0.20% | |||
| Non-Performing Loans to Capital | 1.90% | |||
| Non-Performing Loans to Loans | 0.24% | |||
| Balance Sheet |
Lake Michigan Credit Union
Caledonia, MI |
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| Total Assets | 13.91B | |||
| Total Deposits | 11.77B | |||
| Capital and Reserves |
Lake Michigan Credit Union
Caledonia, MI |
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| Capital | 1.41B | |||
| Leverage Ratio | 11.27 | |||
| Loan Loss Reserves to Loans | 0.76% | |||
| Liquidity |
Lake Michigan Credit Union
Caledonia, MI |
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| Hot Money Ratio | 14.30% | |||
| Liquidity Ratio | 10.20% | |||
| Profitability |
Lake Michigan Credit Union
Caledonia, MI |
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| 5-Year Return on Average Assets | 1.71% | |||
| Net Income | 40.81M | |||
| Net Interest Spread | 2.42% | |||
| Operating Profit to Average Assets | 1.32% | |||
| Overhead Efficiency Ratio | 60.72% | |||
| Return on Assets | 1.20% | |||
| Return on Equity | 11.68% | |||
