| Weiss Ratings |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Rating | ||||
| Asset Quality Index | 7.00 | |||
| Capitalization Index | 9.50 | |||
| Liquidity Index | 3.60 | |||
| Profitability Index | 9.50 | |||
| Stability Index | 7.00 | |||
| Company Info |
Forest Area Federal Credit Union
Fife Lake, MI |
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| NCUA Charter Number | 3973 | |||
| Phone Number | (231) 879-4154 | |||
| Website | forestarea.com | |||
| Asset Quality |
Forest Area Federal Credit Union
Fife Lake, MI |
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| 1-Year Asset Growth | 12.25% | |||
| 5-Year Asset Growth | 16.67% | |||
| 5-Year Charge-Offs to Average Loans | 0.59% | |||
| Charge-Offs to Average Loans | 1.19% | |||
| Non-Performing Assets to Assets | 1.05% | |||
| Non-Performing Loans to Capital | 8.86% | |||
| Non-Performing Loans to Loans | 1.66% | |||
| Balance Sheet |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Total Assets | 305.88M | |||
| Total Deposits | 269.06M | |||
| Capital and Reserves |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Capital | 34.35M | |||
| Leverage Ratio | 11.90 | |||
| Loan Loss Reserves to Loans | 1.01% | |||
| Liquidity |
Forest Area Federal Credit Union
Fife Lake, MI |
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| Hot Money Ratio | 4.04% | |||
| Liquidity Ratio | 12.79% | |||
| Profitability |
Forest Area Federal Credit Union
Fife Lake, MI |
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| 5-Year Return on Average Assets | 1.53% | |||
| Net Income | 2.88M | |||
| Net Interest Spread | 5.38% | |||
| Operating Profit to Average Assets | 2.21% | |||
| Overhead Efficiency Ratio | 63.68% | |||
| Return on Assets | 1.31% | |||
| Return on Equity | 11.86% | |||