Major Rating Factors:
A current level of 1.3 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (10.0). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Good (5.2) profitability. Fair liquidity 4.6, driven by a liquidity ratio of 12.6 percent and a “hot money” ratio of 11.8 percent.
Asset Mix:
Home mtgs (10%), consumer loans (6%), other (84%)
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
400 Town Center Drive
Dearborn, MI 48126
Dearborn, MI 48126
Phone Number
(313) 336-2700
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
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