Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.5 has resulted in Fair (3.3) profitability. 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 (6.3 on a scale of 0 to 10). A current level of 14.5 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Good asset quality (6.1).
Asset Mix:
Home mtgs (44%), consumer loans (14%), other (43%)
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
119 North Salisbury Street
Raleigh, NC 27603
Raleigh, NC 27603
Phone Number
(888) 732-8562
NCUA Charter Number
Website
Largest Competitors
Raleigh, NC
Raleigh, NC
Raleigh, NC
Raleigh, NC
