Major Rating Factors:
A current level of 5.8 percent of nonperforming loans to core capital combined with 8.6 percent from a year earlier contributes to the Excellent asset quality (7.8). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 13.8. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 0.7 has resulted in Good (6.7) profitability.
Asset Mix:
Consumer loans (26%), home mtgs (23%), securities (4%), other (47%)
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
1747 South Newburgh Road
Westland, MI 48186
Westland, MI 48186
Phone Number
(734) 525-0700
NCUA Charter Number
Website
Largest Competitors
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