Pelican State Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 12.9 percent of nonperforming loans to core capital combined with 11.2 percent from a year earlier contributes to the Good asset quality (5.0).
Other Rating Factors:
Excellent current capitalization (8.5 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 11.1. Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 0.5 has resulted in Good (6.4) profitability.
Asset Mix:
Consumer loans (51%), home mtgs (16%), other (33%)
Corporate Info
2675 O’Neal Lane
Baton Rouge, LA 70816
Baton Rouge, LA 70816
(225) 408-6496
Largest Competitors
Baton Rouge, LA
Baton Rouge, LA
Baton Rouge, LA
Baton Rouge, LA
Baton Rouge, LA