Lennox Employees Credit Union
Major Rating Factors:
A current level of 11.9 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.6). 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).
Other Rating Factors:
Good current capitalization (6.2 on a scale of 0 to 10) based on a net capital to total assets of 8.6 and a net worth ratio of 8.9. Fair liquidity 3.2, driven by a liquidity ratio of 14.5 percent and a “hot money” ratio of 22.2 percent.
Asset Mix:
Consumer loans (46%), comm loans (2%), home mtgs (2%), other (50%)
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
1004 East Main Street
Marshalltown, IA 50158
Marshalltown, IA 50158
Phone Number
(641) 754-4501
NCUA Charter Number
Website
Largest Competitors
North Liberty, IA
Waterloo, IA
Dubuque, IA
Cedar Rapids, IA
Marshalltown, IA