Singing River Federal Credit Union
Major Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) based on a net capital to total assets of 10.8 and a net worth ratio of 11.4. Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 1.6 has resulted in Excellent (7.3) profitability.
Other Rating Factors:
A current level of 5.3 percent of nonperforming loans to core capital contributes to the Good asset quality (6.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Consumer loans (51%), home mtgs (15%), comm loans (5%), securities (0%), other (28%)
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
6006 Highway 63
Moss Point, MS 39563
Moss Point, MS 39563
Phone Number
(228) 475-9531
NCUA Charter Number
Website
Largest Competitors
Biloxi, MS
Jackson, MS
Vicksburg, MS
Moss Point, MS
Hattiesburg, MS