Development
Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.1 has resulted in Weak (1.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.5, driven by a liquidity ratio of 8.8 percent and a “hot money” ratio of 9.6 percent. Fair current capitalization (3.6 on a scale of 0 to 10) based on a net capital to total assets of 5.8 and a net worth ratio of 11.4.
Asset Mix:
Consumer loans (35%), home mtgs (4%), securities (0%), other (60%)
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
6001 Capitol Boulevard, SW
Tumwater, WA 98501
Tumwater, WA 98501
Phone Number
(360) 943-7676
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Liberty Lake, WA
Richland, WA
Olympia, WA
Lacey, WA