Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (3.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Fair (4.5) profitability.
Other Rating Factors:
Weak liquidity 2.5, driven by a liquidity ratio of 10.8 percent and a “hot money” ratio of 7.4 percent. A current level of 4.8 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Consumer loans (68%), other (32%)
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
200 South Queen Street
Palestine, TX 75801
Palestine, TX 75801
Phone Number
(903) 729-3226
NCUA Charter Number
Website
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Palestine, TX