Major Rating Factors:
Fair current capitalization (4.7 on a scale of 0 to 10) based on a net capital to total assets of 7.0 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Weak (2.0) profitability.
Other Rating Factors:
A current level of 11.1 percent of nonperforming loans to core capital combined with 18.8 percent from a year earlier contributes to the Good asset quality (6.3). Good liquidity 5.6, driven by a liquidity ratio of 38.3 percent and a “hot money” ratio of 6.3 percent.
Asset Mix:
Consumer loans (26%), home mtgs (7%), other (67%)
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
4265 East Wilder Road
Bay City, MI 48706
Bay City, MI 48706
Phone Number
(989) 684-1873
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
Bay City, MI
Bay City, MI
Bay City, MI
Bay City, MI