Piedmont Credit Union
Major Rating Factors:
A current level of 27.5 percent of nonperforming loans to core capital contributes to the Weak asset quality (2.3).
Other 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 (2.4 on a scale of 0 to 10). Good liquidity 5.1, driven by a liquidity ratio of 41.2 percent and a “hot money” ratio of 23.8 percent.
Asset Mix:
Consumer loans (54%), other (46%)
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
1931 West Front Street
Statesville, NC 28677
Statesville, NC 28677
Phone Number
(704) 873-6400
NCUA Charter Number
Largest Competitors
Raleigh, NC
Raleigh, NC
Winston-Salem, NC
Raleigh, NC
Winston-Salem, NC