Industrial Credit Union of Whatcom County
Major Rating Factors:
Fair current capitalization (4.5 on a scale of 0 to 10) based on a net capital to total assets of 6.9 and a net worth ratio of 11.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 10.8 percent of nonperforming loans to core capital combined with 12.7 percent from a year earlier contributes to the Good asset quality (5.5). Weak liquidity 3.0, driven by a liquidity ratio of 17.8 percent and a “hot money” ratio of 9.5 percent.
Asset Mix:
Consumer loans (52%), home mtgs (18%), securities (4%), other (26%)
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
1100 North State Street
Bellingham, WA 98225
Bellingham, WA 98225
Phone Number
(360) 734-2043
NCUA Charter Number
Website
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