Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.1 has resulted in Very Weak (1.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.2 on a scale of 0 to 10).
Other Rating Factors:
Fair current capitalization (3.6 on a scale of 0 to 10) based on a net capital to total assets of 5.9 and a net worth ratio of 11.0. Fair liquidity 4.1, driven by a liquidity ratio of 16.4 percent and a “hot money” ratio of 1.5 percent.
Asset Mix:
Home mtgs (19%), consumer loans (17%), other (63%)
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
415 Washington Avenue
Bay City, MI 48708
Bay City, MI 48708
Phone Number
(989) 893-2831
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
Bay City, MI
Bay City, MI
Bay City, MI
Bay City, MI