Major Rating Factors:
A current level of 49.3 percent of nonperforming loans to core capital combined with 49.3 percent from a year earlier contributes to the Very Weak asset quality (0.7). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.1 has resulted in Weak (2.8) profitability.
Other Rating Factors:
Fair liquidity 3.2, driven by a liquidity ratio of 18.1 percent and a “hot money” ratio of 9.1 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.5 on a scale of 0 to 10).
Asset Mix:
Consumer loans (71%), other (29%)
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
824 Elmwood Park Boulevard
Harahan, LA 70123
Harahan, LA 70123
Phone Number
(504) 733-0789
NCUA Charter Number
Website
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