Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.4 has resulted in Fair (3.2) profitability.
Other Rating Factors:
Fair liquidity 4.5, driven by a liquidity ratio of 30.3 percent and a “hot money” ratio of 3.8 percent. A current level of 8.3 percent of nonperforming loans to core capital contributes to the Good asset quality (5.8).
Asset Mix:
Consumer loans (18%), home mtgs (17%), comm loans (5%), securities (1%), other (59%)
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