Major Rating Factors:
Fair current capitalization (4.2 on a scale of 0 to 10) based on a net capital to total assets of 6.6 and a net worth ratio of 8.3. Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.3 has resulted in Fair (3.3) profitability.
Other Rating Factors:
A current level of 6.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.6). Fair liquidity 4.0, driven by a liquidity ratio of 15.1 percent and a “hot money” ratio of 8.7 percent.
Asset Mix:
Consumer loans (37%), home mtgs (5%), other (58%)
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
1129 State Street
Erie, PA 16501
Erie, PA 16501
Phone Number
(814) 455-6400
NCUA Charter Number
Website
Largest Competitors
Erie, PA
Erie, PA
Erie, PA
Erie, PA