Major Rating Factors:
Operating profits as a percentage of assets at 4.0%, coupled with a return on assets of 3.1 has resulted in Excellent (10.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 15.7 and a capital leverage ratio of 9.9. A current level of 1.0 percent of nonperforming loans to core capital combined with 0.8 percent from a year earlier contributes to the Excellent asset quality (7.9).
Asset Mix:
Securities (53%), comm re (16%), cash (6%), consumer loans (4%), comm loans (4%), other (18%)
States with Branches:
UT
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
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
--
Address
12921 South Vista Station Boulevard
Draper, UT 84020
Draper, UT 84020
Phone Number
(866) 234-8913
Year Founded
2003
FDIC Number
Website
Largest Affiliates
No affiliate information available.