Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.1 has resulted in Weak (2.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.2 on a scale of 0 to 10).
Other Rating Factors:
Fair current capitalization (4.9 on a scale of 0 to 10) based on a net capital to total assets of 7.2 and a net worth ratio of 0.0. Good liquidity 5.3, driven by a liquidity ratio of 36.4 percent and a “hot money” ratio of 2.4 percent.
Asset Mix:
Consumer loans (17%), home mtgs (15%), securities (1%), 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
193 Campbell Lane
Saginaw, MI 48609
Saginaw, MI 48609
Phone Number
(989) 781-1430
NCUA Charter Number
Website
Largest Competitors
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI