Florida Rural Electric Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 20.4 and a net worth ratio of 21.3. A current level of 2.2 percent of nonperforming loans to core capital combined with 0.4 percent from a year earlier contributes to the Excellent asset quality (8.6).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10). Fair liquidity 3.2, driven by a liquidity ratio of 21.1 percent and a “hot money” ratio of 12.0 percent.
Asset Mix:
Consumer loans (52%), other (48%)
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
2916 Apalachee Parkway
Tallahassee, FL 32301
Tallahassee, FL 32301
Phone Number
(850) 877-6168
NCUA Charter Number
Website
Largest Competitors
Tallahassee, FL
Tallahassee, FL
Tallahassee, FL
Tallahassee, FL
Tallahassee, FL