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 10.2. Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.2 has resulted in Fair (3.4) profitability.
Other Rating Factors:
A current level of 10.1 percent of nonperforming loans to core capital contributes to the Good asset quality (6.5). Fair liquidity 3.4, driven by a liquidity ratio of 15.2 percent and a “hot money” ratio of 21.4 percent.
Asset Mix:
Consumer loans (20%), comm loans (10%), home mtgs (9%), other (62%)
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
1982 North State Road Seven
Margate, FL 33063
Margate, FL 33063
Phone Number
(954) 515-1512
NCUA Charter Number
Website
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