Latvian Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (3.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (4.4) profitability.
Other Rating Factors:
Fair liquidity 3.1, driven by a liquidity ratio of 23.9 percent and a “hot money” ratio of 6.2 percent. A current level of 1.9 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.7).
Asset Mix:
Consumer loans (59%), home mtgs (5%), other (36%)
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
3152 17th Avenue South
Minneapolis, MN 55407
Minneapolis, MN 55407
Phone Number
(612) 722-5004
NCUA Charter Number
Website
Largest Competitors
Apple Valley, MN
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Minneapolis, MN
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Minneapolis, MN