Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.4 and a net worth ratio of 15.1. Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 1.0 has resulted in Excellent (9.3) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.2 on a scale of 0 to 10). A current level of 6.0 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Good asset quality (6.3).
Asset Mix:
Consumer loans (54%), home mtgs (4%), other (41%)
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
582 South Round Barn Road
Richmond, IN 47374
Richmond, IN 47374
Phone Number
(765) 962-2561
NCUA Charter Number
Website
Largest Competitors
South Bend, IN
Richmond, IN
Richmond, IN
Richmond, IN
Richmond, IN