| Weiss Ratings |
Lake Michigan Credit Union
Caledonia, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 8.30 | |||
| Liquidity Index | 1.50 | |||
| Profitability Index | 9.50 | |||
| 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 | 12.31% | |||
| 5-Year Asset Growth | 17.14% | |||
| 5-Year Charge-Offs to Average Loans | 0.03% | |||
| Charge-Offs to Average Loans | 0.09% | |||
| Non-Performing Assets to Assets | 0.21% | |||
| Non-Performing Loans to Capital | 1.93% | |||
| Non-Performing Loans to Loans | 0.24% | |||
| Balance Sheet |
Lake Michigan Credit Union
Caledonia, MI |
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| Total Assets | 13.37B | |||
| Total Deposits | 11.26B | |||
| Capital and Reserves |
Lake Michigan Credit Union
Caledonia, MI |
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| Capital | 1.38B | |||
| Leverage Ratio | 11.42 | |||
| Loan Loss Reserves to Loans | 0.75% | |||
| Liquidity |
Lake Michigan Credit Union
Caledonia, MI |
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| Hot Money Ratio | 14.32% | |||
| Liquidity Ratio | 6.14% | |||
| Profitability |
Lake Michigan Credit Union
Caledonia, MI |
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| 5-Year Return on Average Assets | 1.78% | |||
| Net Income | 172.22M | |||
| Net Interest Spread | 2.69% | |||
| Operating Profit to Average Assets | 1.48% | |||
| Overhead Efficiency Ratio | 59.18% | |||
| Return on Assets | 1.36% | |||
| Return on Equity | 13.30% | |||
