Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.6 has resulted in Fair (4.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 3.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.9). Excellent current capitalization (8.7 on a scale of 0 to 10) based on a net capital to total assets of 10.7 and a net worth ratio of 11.0.
Asset Mix:
Home mtgs (26%), consumer loans (21%), comm loans (10%), other (44%)
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
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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
6640 Bay Road
Saginaw, MI 48604
Saginaw, MI 48604
Phone Number
(989) 249-8200
NCUA Charter Number
Website
Largest Competitors
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI
Saginaw, MI