D
NO Port Commission Employees Credit Union
Rating Date
May 2024
Net Capital
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Return On
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Capital
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Major Rating Factors: Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.7 on a scale of 0 to 10).
Other Rating Factors: Weak liquidity 2.3, driven by a liquidity ratio of 7.6 percent and a “hot money” ratio of 0.0 percent. A current level of 12.1 percent of nonperforming loans to core capital combined with 7.1 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix: Consumer loans (63%), securities (31%), other (6%)
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
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Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Liquidity
Liquidity Ratio
Hot Money
Corporate Info
Address
1350 Port of New Orleans Place
New Orleans, LA 70130
Phone Number
(504) 528-3279
NCUA Charter Number