Major Rating Factors: Fair current capitalization (4.0 on a scale of 0 to 10) based on a net capital to total assets of 6.0 and a net worth ratio of 7.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.5 on a scale of 0 to 10).
Other Rating Factors: A current level of 3.0 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.5). Good liquidity 5.4, driven by a liquidity ratio of 20.1 percent and a “hot money” ratio of 0.8 percent.
Asset Mix: Consumer loans (22%), home mtgs (21%), other (57%)