Major Rating Factors: Operating profits as a percentage of assets at 3.1%, coupled with a return on assets of 3.1 has resulted in Excellent (9.3) profitability. A current level of 3.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.9).
Other Rating Factors: Excellent current capitalization (8.3 on a scale of 0 to 10) based on a net capital to total assets of 9.9 and a net worth ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.4 on a scale of 0 to 10).
Asset Mix: Consumer loans (42%), home mtgs (24%), other (34%)