Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10). Good current capitalization (6.7 on a scale of 0 to 10) based on a net capital to total assets of 9.2 and a net worth ratio of 0.0.
Other Rating Factors:
A current level of 21.5 percent of nonperforming loans to core capital combined with 15.6 percent from a year earlier contributes to the Fair asset quality (3.7). Fair liquidity 3.0, driven by a liquidity ratio of 13.4 percent and a “hot money” ratio of 16.9 percent.
Asset Mix:
Home mtgs (46%), consumer loans (14%), other (40%)
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
119 North Salisbury Street
Raleigh, NC 27603
Raleigh, NC 27603
Phone Number
(919) 839-5300
NCUA Charter Number
Website
Largest Competitors
Raleigh, NC
Raleigh, NC
Raleigh, NC
Raleigh, NC