Latvian Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Very Weak (0.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.8, driven by a liquidity ratio of 15.4 percent and a “hot money” ratio of 11.8 percent. A current level of 5.9 percent of nonperforming loans to core capital contributes to the Good asset quality (6.2).
Asset Mix:
Consumer loans (56%), home mtgs (7%), 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
Minneapolis, MN
Minneapolis, MN
Minneapolis, MN
Minneapolis, MN