Carolina Federal Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.6 has resulted in Excellent (8.4) profitability. A current level of 2.9 percent of nonperforming loans to core capital combined with 4.9 percent from a year earlier contributes to the Excellent asset quality (7.7).
Other Rating Factors:
Excellent current capitalization (7.6 on a scale of 0 to 10) based on a net capital to total assets of 9.9 and a net worth ratio of 0.0. Fair liquidity 4.8, driven by a liquidity ratio of 34.6 percent and a “hot money” ratio of 16.8 percent.
Asset Mix:
Consumer loans (47%), home mtgs (3%), 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
1200 East Church Street
Cherryville, NC 28021
Cherryville, NC 28021
Phone Number
(704) 435-0186
NCUA Charter Number
Website
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