Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.5 has resulted in Weak (1.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 6.3 percent of nonperforming loans to core capital contributes to the Good asset quality (5.4). Good liquidity 5.8, driven by a liquidity ratio of 42.2 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (51%), other (49%)
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
315 Epting Avenue
Greenwood, SC 29646
Greenwood, SC 29646
Phone Number
(864) 227-4176
NCUA Charter Number
Website
Largest Competitors
Lancaster, SC
North Charleston, SC
Greenwood, SC
Greenwood, SC
Greenwood, SC