Local Development
C
Linn Area Credit Union
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Linn Area Credit Union
Cedar Rapids, IA
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Rating C
Asset Quality Index 7.80
Capitalization Index 7.50
Liquidity Index 1.00
Profitability Index 7.40
Stability Index 4.30
Company Info Linn Area Credit Union
Cedar Rapids, IA
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NCUA Charter Number 218
Phone Number (319) 378-0101
Website www.linnareacu.org
Asset Quality Linn Area Credit Union
Cedar Rapids, IA
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1-Year Asset Growth 7.42%
5-Year Asset Growth 6.98%
5-Year Charge-Offs to Average Loans 0.23%
Charge-Offs to Average Loans 0.18%
Non-Performing Assets to Assets 0.59%
Non-Performing Loans to Capital 5.76%
Non-Performing Loans to Loans 0.65%
Balance Sheet Linn Area Credit Union
Cedar Rapids, IA
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Total Assets 667.23M
Total Deposits 506.96M
Capital and Reserves Linn Area Credit Union
Cedar Rapids, IA
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Capital 65.45M
Leverage Ratio 10.12
Loan Loss Reserves to Loans 0.38%
Liquidity Linn Area Credit Union
Cedar Rapids, IA
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Hot Money Ratio 15.66%
Liquidity Ratio 4.98%
Profitability Linn Area Credit Union
Cedar Rapids, IA
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5-Year Return on Average Assets 0.85%
Net Income 6.68M
Net Interest Spread 3.18%
Operating Profit to Average Assets 1.02%
Overhead Efficiency Ratio 71.41%
Return on Assets 1.05%
Return on Equity 10.82%
Weiss Ratings