C
North Iowa Community Credit Union
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). Good current capitalization (5.8 on a scale of 0 to 10) based on a net capital to total assets of 8.1 and a net worth ratio of 0.0.
Other Rating Factors: Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.2 has resulted in Excellent (7.5) profitability. A current level of 7.4 percent of nonperforming loans to core capital combined with 7.4 percent from a year earlier contributes to the Good asset quality (5.9).
Asset Mix: Consumer loans (61%), home mtgs (18%), other (21%)
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Hot Money
Corporate Info
Address
640 South Federal Avenue
Mason City, IA 50401
Phone Number
(641) 424-2281
NCUA Charter Number
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