| Weiss Ratings |
Lake Michigan Credit Union
Caledonia, MI |
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| Rating | ||||
| Asset Quality Index | 9.70 | |||
| Capitalization Index | 9.00 | |||
| Liquidity Index | 2.30 | |||
| Profitability Index | 8.70 | |||
| 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 | 6.09% | |||
| 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 | 0.28% | |||
| Non-Performing Loans to Capital | 2.42% | |||
| Non-Performing Loans to Loans | 0.33% | |||
| Balance Sheet |
Lake Michigan Credit Union
Caledonia, MI |
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| Total Assets | 14.76B | |||
| Total Deposits | 12.54B | |||
| Capital and Reserves |
Lake Michigan Credit Union
Caledonia, MI |
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| Capital | 1.60B | |||
| Leverage Ratio | 11.57 | |||
| Loan Loss Reserves to Loans | 0.80% | |||
| Liquidity |
Lake Michigan Credit Union
Caledonia, MI |
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| Hot Money Ratio | 13.27% | |||
| Liquidity Ratio | 11.92% | |||
| Profitability |
Lake Michigan Credit Union
Caledonia, MI |
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| 5-Year Return on Average Assets | 1.47% | |||
| Net Income | 52.31M | |||
| Net Interest Spread | 3.01% | |||
| Operating Profit to Average Assets | 1.62% | |||
| Overhead Efficiency Ratio | 57.13% | |||
| Return on Assets | 1.43% | |||
| Return on Equity | 13.35% | |||