Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 23.4 and a net worth ratio of 23.4. A current level of 0.5 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (10.0).
Other Rating Factors:
Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.8 has resulted in Good (6.9) profitability. Good liquidity 6.8, driven by a liquidity ratio of 31.7 percent and a “hot money” ratio of 4.3 percent.
Asset Mix:
Home mtgs (17%), consumer loans (10%), 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
1286 East 38th Street
Erie, PA 16504
Erie, PA 16504
Phone Number
(814) 825-6763
NCUA Charter Number
Largest Competitors
Erie, PA
Erie, PA
Erie, PA
Erie, PA
Erie, PA