Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.3 has resulted in Weak (2.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.1 on a scale of 0 to 10).
Other Rating Factors:
Good liquidity 6.7, driven by a liquidity ratio of 29.4 percent and a “hot money” ratio of 0.0 percent. A current level of 3.9 percent of nonperforming loans to core capital combined with 3.1 percent from a year earlier contributes to the Excellent asset quality (7.8).
Asset Mix:
Consumer loans (23%), home mtgs (5%), other (72%)
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
7017 Kennedy Avenue
Hammond, IN 46323
Hammond, IN 46323
Phone Number
(219) 844-3125
NCUA Charter Number
Website
Largest Competitors
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