C
Southland Credit Union
Rating Date
May 2024
Net Capital
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). Fair current capitalization (3.4 on a scale of 0 to 10) based on a net capital to total assets of 5.7 and a net worth ratio of 8.5.
Other Rating Factors: A current level of 5.3 percent of nonperforming loans to core capital combined with 9.1 percent from a year earlier contributes to the Excellent asset quality (8.0). Fair liquidity 3.1, driven by a liquidity ratio of 15.6 percent and a “hot money” ratio of 14.4 percent.
Asset Mix: Consumer loans (27%), home mtgs (19%), other (55%)
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
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Operating Profit to Average Assets
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Liquidity Ratio
Hot Money
Corporate Info
Address
10701 Los Alamitos Boulevard
Los Alamitos, CA 90720
Phone Number
(562) 862-6831
NCUA Charter Number