Major Rating Factors:
A current level of 30.5 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Fair asset quality (3.1). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.3 on a scale of 0 to 10) based on a net capital to total assets of 9.6 and a net worth ratio of 9.9. Good liquidity 6.0, driven by a liquidity ratio of 33.7 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (30%), securities (24%), home mtgs (0%), other (46%)
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
2825 Trumbull Avenue
Detroit, MI 48216
Detroit, MI 48216
Phone Number
(313) 962-4666
NCUA Charter Number
Largest Competitors
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI