Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.2 has resulted in Good (6.1) profitability.
Other Rating Factors:
A current level of 6.6 percent of nonperforming loans to core capital combined with 4.4 percent from a year earlier contributes to the Excellent asset quality (7.5). Good current capitalization (7.0 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 9.6.
Asset Mix:
Home mtgs (21%), consumer loans (12%), other (67%)
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
11027 Meridian Avenue, North
Seattle, WA 98133
Seattle, WA 98133
Phone Number
(206) 361-5346
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Seattle, WA
Seattle, WA
Seattle, WA
Seattle, WA