Major Rating Factors:
Excellent current capitalization (7.8 on a scale of 0 to 10) based on a net capital to total assets of 10.0 and a net worth ratio of 10.9. Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.8 has resulted in Excellent (7.1) profitability.
Other Rating Factors:
A current level of 6.2 percent of nonperforming loans to core capital contributes to the Good asset quality (6.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Comm loans (28%), consumer loans (25%), home mtgs (21%), other (26%)
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
4316 South Pennsylvania Avenue
Lansing, MI 48910
Lansing, MI 48910
Phone Number
(517) 393-7710
NCUA Charter Number
Website
Largest Competitors
Lansing, MI
Lansing, MI
Lansing, MI
Lansing, MI
Lansing, MI