Theory Federal Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.1 has resulted in Weak (2.2) profitability.
Other Rating Factors:
Fair current capitalization (3.5 on a scale of 0 to 10) based on a net capital to total assets of 5.8 and a net worth ratio of 8.4. Fair liquidity 5.0, driven by a liquidity ratio of 27.4 percent and a “hot money” ratio of 3.5 percent.
Asset Mix:
Consumer loans (28%), home mtgs (12%), other (60%)
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
1595 Mentor Avenue
Painesville, OH 44077
Painesville, OH 44077
Phone Number
(440) 352-4732
NCUA Charter Number
Website
Largest Competitors
Beavercreek, OH
Painesville, OH
Painesville, OH
Painesville, OH
Painesville, OH