Industrial Credit Union of Whatcom County
Major Rating Factors:
Fair current capitalization (4.9 on a scale of 0 to 10) based on a net capital to total assets of 7.3 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 0.1 has resulted in Weak (2.8) profitability.
Other Rating Factors:
A current level of 6.9 percent of nonperforming loans to core capital combined with 6.9 percent from a year earlier contributes to the Excellent asset quality (7.6). Fair liquidity 3.2, driven by a liquidity ratio of 19.9 percent and a “hot money” ratio of 10.3 percent.
Asset Mix:
Consumer loans (45%), home mtgs (19%), securities (4%), other (33%)
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
Largest Competitors
Tukwila, WA
Liberty Lake, WA
Bellingham, WA
Bellingham, WA
Bellingham, WA