Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 17.2 and a net worth ratio of 17.2. A current level of 5.5 percent of nonperforming loans to core capital combined with 8.4 percent from a year earlier contributes to the Excellent asset quality (8.9).
Other Rating Factors:
Operating profits as a percentage of assets at 2.9%, coupled with a return on assets of 2.2 has resulted in Excellent (8.7) profitability. Excellent liquidity 8.1, driven by a liquidity ratio of 82.8 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (14%), home mtgs (9%), other (76%)
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