Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.2 has resulted in Weak (1.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.9 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.2, driven by a liquidity ratio of 21.8 percent and a “hot money” ratio of 3.6 percent. A current level of 8.6 percent of nonperforming loans to core capital combined with 4.7 percent from a year earlier contributes to the Good asset quality (5.4).
Asset Mix:
Consumer loans (51%), securities (10%), home mtgs (9%), other (31%)
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
202 Ninth Avenue, SE
Olympia, WA 98501
Olympia, WA 98501
Phone Number
(360) 754-5559
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Liberty Lake, WA
Richland, WA
Olympia, WA
Olympia, WA
