Major Rating Factors: A current level of 0.9 percent of nonperforming loans to core capital contributes to the Excellent asset quality (10.0). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.0 on a scale of 0 to 10).
Other Rating Factors: Good current capitalization (6.1 on a scale of 0 to 10) based on a net capital to total assets of 8.1 and a net worth ratio of 9.7. Good liquidity 5.8, driven by a liquidity ratio of 31.2 percent and a “hot money” ratio of 2.3 percent.
Asset Mix: Home mtgs (19%), consumer loans (14%), other (67%)