Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.1 and a net worth ratio of 12.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10).
Other Rating Factors:
A current level of 11.0 percent of nonperforming loans to core capital combined with 4.7 percent from a year earlier contributes to the Good asset quality (5.1). Fair liquidity 3.8, driven by a liquidity ratio of 30.1 percent and a “hot money” ratio of 18.7 percent.
Asset Mix:
Consumer loans (65%), home mtgs (6%), other (29%)
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
6502 McMahon Drive
Charlotte, NC 28226
Charlotte, NC 28226
Phone Number
(704) 543-8901
NCUA Charter Number
Website
Largest Competitors
Charlotte, NC
Charlotte, NC
Charlotte, NC
Charlotte, NC
Charlotte, NC