Major Rating Factors:
A current level of 1.9 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier 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 a Good overall stability index (7.0 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (5.7 on a scale of 0 to 10) based on a net capital to total assets of 8.1 and a net worth ratio of 11.0. Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 0.6 has resulted in Fair (3.7) profitability.
Asset Mix:
Home mtgs (22%), consumer loans (19%), other (59%)
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
12770 Gateway Drive S
Tukwila, WA 98168
Tukwila, WA 98168
Phone Number
(800) 233-2328
NCUA Charter Number
Website
Largest Competitors
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