Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 18.8 and a net worth ratio of 18.8. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.9 has resulted in Excellent (9.3) profitability.
Other Rating Factors:
A current level of 3.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.2). Excellent liquidity 7.4, driven by a liquidity ratio of 38.3 percent and a “hot money” ratio of 5.9 percent.
Asset Mix:
Consumer loans (12%), home mtgs (11%), other (77%)
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
(919) 839-5300
NCUA Charter Number
Website
Largest Competitors
Raleigh, NC
Raleigh, NC
Raleigh, NC
Raleigh, NC
Raleigh, NC