Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 14.5 and a net worth ratio of 0.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 9.4 percent of nonperforming loans to core capital combined with 7.4 percent from a year earlier contributes to the Good asset quality (5.3). Fair liquidity 4.5, driven by a liquidity ratio of 34.8 percent and a “hot money” ratio of 9.6 percent.
Asset Mix:
Consumer loans (64%), home mtgs (1%), 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
718 East Michigan Avenue
Jackson, MI 49201
Jackson, MI 49201
Phone Number
(517) 787-6510
NCUA Charter Number
Website
Largest Competitors
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Jackson, MI
Jackson, MI