Development
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.2 has resulted in Weak (1.6) profitability.
Other Rating Factors:
A current level of 22.1 percent of nonperforming loans to core capital combined with 16.3 percent from a year earlier contributes to the Weak asset quality (1.7). Fair liquidity 3.1, driven by a liquidity ratio of 15.7 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (72%), other (28%)
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
142 Military Drive
Jackson, MS 39232
Jackson, MS 39232
Phone Number
(601) 932-5194
NCUA Charter Number
Website
Largest Competitors
Jackson, MS
Jackson, MS
Jackson, MS
Jackson, MS
Jackson, MS