Major Rating Factors:
Very Weak current capitalization (0.0 on a scale of 0 to 10) based on a net capital to total assets of 0.9 and a net worth ratio of 0.0. An analysis of stability tests since inception including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.6).
Other Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Fair (5.0) profitability. A current level of 16.1 percent of nonperforming loans to core capital combined with 16.1 percent from a year earlier contributes to the Good asset quality (5.2).
Asset Mix:
Consumer loans (29%), other (71%)
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
4210 50th Street
Lubbock, TX 79413
Lubbock, TX 79413
Phone Number
(877) 956-1500
NCUA Charter Number
Website
Largest Competitors
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Lubbock, TX
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Lubbock, TX