Industrial Credit Union of Whatcom County
Major Rating Factors:
Fair current capitalization (5.0 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. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 5.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.0). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 0.5 has resulted in Good (5.1) profitability.
Asset Mix:
Consumer loans (36%), home mtgs (20%), securities (1%), other (44%)
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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