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). A current level of 15.2 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.9).
Other Rating Factors:
Fair liquidity 3.8, driven by a liquidity ratio of 29.5 percent and a “hot money” ratio of 17.7 percent. Operating profits as a percentage of assets at 2.5%, coupled with a return on assets of 2.5 has resulted in Good (6.0) profitability.
Asset Mix:
Consumer loans (58%), other (42%)
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
425 East Third Street
Waterloo, IA 50703
Waterloo, IA 50703
Phone Number
(319) 236-3803
NCUA Charter Number
Largest Competitors
North Liberty, IA
Waterloo, IA
Dubuque, IA
Waterloo, IA
Waterloo, IA
