Major Rating Factors: Operating profits as a percentage of assets at 0.0%, coupled with a return on assets of 0.0 has resulted in Weak (2.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.6 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.3 and a net worth ratio of 12.3. A current level of 0.0 percent of nonperforming loans to core capital contributes to the Excellent asset quality (10.0).
Asset Mix: Securities (19%), home mtgs (15%), consumer loans (7%), other (58%)