| Weiss Ratings |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Rating | ||||
| Asset Quality Index | 7.90 | |||
| Capitalization Index | 8.90 | |||
| Liquidity Index | 2.90 | |||
| Profitability Index | 10.00 | |||
| Stability Index | 6.30 | |||
| Company Info |
Forest Area Federal Credit Union
Fife Lake, MI |
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| NCUA Charter Number | 3973 | |||
| Phone Number | (231) 879-4154 | |||
| Website | www.forestarea.com | |||
| Asset Quality |
Forest Area Federal Credit Union
Fife Lake, MI |
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| 1-Year Asset Growth | 9.60% | |||
| 5-Year Asset Growth | 16.78% | |||
| 5-Year Charge-Offs to Average Loans | 0.41% | |||
| Charge-Offs to Average Loans | 1.17% | |||
| Non-Performing Assets to Assets | 0.49% | |||
| Non-Performing Loans to Capital | 4.37% | |||
| Non-Performing Loans to Loans | 0.70% | |||
| Balance Sheet |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Total Assets | 253.94M | |||
| Total Deposits | 224.61M | |||
| Capital and Reserves |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Capital | 27.43M | |||
| Leverage Ratio | 12.16 | |||
| Loan Loss Reserves to Loans | 0.72% | |||
| Liquidity |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Hot Money Ratio | 5.27% | |||
| Liquidity Ratio | 9.57% | |||
| Profitability |
Forest Area Federal Credit Union
Fife Lake, MI |
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| 5-Year Return on Average Assets | 1.28% | |||
| Net Income | 1.26M | |||
| Net Interest Spread | 5.00% | |||
| Operating Profit to Average Assets | 2.36% | |||
| Overhead Efficiency Ratio | 60.28% | |||
| Return on Assets | 2.02% | |||
| Return on Equity | 18.66% | |||