B
Parkside Credit Union
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Parkside Credit Union
Westland, MI
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Rating B
Asset Quality Index 7.80
Capitalization Index 6.90
Liquidity Index 3.70
Profitability Index 6.70
Stability Index 7.20
Company Info Parkside Credit Union
Westland, MI
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NCUA Charter Number 4631
Phone Number (734) 525-0700
Website www.parksidecu.org
Asset Quality Parkside Credit Union
Westland, MI
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1-Year Asset Growth 6.71%
5-Year Asset Growth 7.50%
5-Year Charge-Offs to Average Loans 0.83%
Charge-Offs to Average Loans 1.05%
Non-Performing Assets to Assets 0.43%
Non-Performing Loans to Capital 5.84%
Non-Performing Loans to Loans 1.02%
Balance Sheet Parkside Credit Union
Westland, MI
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Total Assets 170.21M
Total Deposits 150.45M
Capital and Reserves Parkside Credit Union
Westland, MI
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Capital 16.34M
Leverage Ratio 13.09
Loan Loss Reserves to Loans 1.75%
Liquidity Parkside Credit Union
Westland, MI
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Hot Money Ratio 3.96%
Liquidity Ratio 12.25%
Profitability Parkside Credit Union
Westland, MI
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5-Year Return on Average Assets 0.85%
Net Income -262.00K
Net Interest Spread 4.64%
Operating Profit to Average Assets 0.49%
Overhead Efficiency Ratio 79.69%
Return on Assets -0.15%
Return on Equity -1.65%