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). Fair current capitalization (4.2 on a scale of 0 to 10) based on a net capital to total assets of 6.5 and a net worth ratio of 10.1.
Other Rating Factors:
Fair liquidity 3.7, driven by a liquidity ratio of 14.2 percent and a “hot money” ratio of 10.0 percent. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.7 has resulted in Good (5.9) profitability.
Asset Mix:
Consumer loans (33%), home mtgs (16%), comm loans (9%), other (43%)
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
3070 Normandy Road
Royal Oak, MI 48073
Royal Oak, MI 48073
Phone Number
(248) 549-3838
NCUA Charter Number
Website
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