Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 18.6 and a net worth ratio of 18.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.4 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 1.9 has resulted in Excellent (7.8) profitability. A current level of 5.3 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Good asset quality (6.9).
Asset Mix:
Consumer loans (50%), securities (16%), home mtgs (3%), other (30%)
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
1722 Gregg Avenue
Florence, SC 29501
Florence, SC 29501
Phone Number
(843) 669-5619
NCUA Charter Number
Website
Largest Competitors
Lancaster, SC
Florence, SC
Florence, SC
Florence, SC
Florence, SC