Major Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (8.0). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.1 on a scale of 0 to 10) based on a net capital to total assets of 8.5 and a net worth ratio of 11.8. Weak liquidity 2.4, driven by a liquidity ratio of 6.7 percent and a “hot money” ratio of 16.8 percent.
Asset Mix:
Consumer loans (33%), home mtgs (16%), other (51%)
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
9611 Gravelly Lake Drive, SW
Lakewood, WA 98499
Lakewood, WA 98499
Phone Number
(253) 584-2260
NCUA Charter Number
Website
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