Major Rating Factors:
A current level of 6.8 percent of nonperforming loans to core capital combined with 3.4 percent from a year earlier contributes to the Excellent asset quality (8.6). Good current capitalization (5.6 on a scale of 0 to 10) based on a net capital to total assets of 8.0 and a net worth ratio of 9.6.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10). Fair liquidity 4.6, driven by a liquidity ratio of 30.5 percent and a “hot money” ratio of 1.8 percent.
Asset Mix:
Home mtgs (23%), consumer loans (15%), other (62%)
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
2200 West Main Street
Durham, NC 27705
Durham, NC 27705
Phone Number
(919) 684-6704
NCUA Charter Number
Website
Largest Competitors
Raleigh, NC
Durham, NC
Durham, NC
Durham, NC
Durham, NC