Major Rating Factors:
A current level of 0.1 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (10.0). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.5 has resulted in Excellent (8.1) profitability.
Other Rating Factors:
Good current capitalization (6.3 on a scale of 0 to 10) based on a net capital to total assets of 8.7 and a net worth ratio of 8.8. Good liquidity 6.2, driven by a liquidity ratio of 27.9 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (18%), home mtgs (9%), other (73%)
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 Tunnel Road
Asheville, NC 28805
Asheville, NC 28805
Phone Number
(828) 298-8521
NCUA Charter Number
Website
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