Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Fair (4.0) profitability. A current level of 16.0 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.1).
Other Rating Factors:
Excellent current capitalization (8.2 on a scale of 0 to 10) based on a net capital to total assets of 10.3 and a net worth ratio of 10.3. Fair liquidity 4.0, driven by a liquidity ratio of 35.5 percent and a “hot money” ratio of 17.6 percent.
Asset Mix:
Consumer loans (57%), other (43%)
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
425 East Third Street
Waterloo, IA 50703
Waterloo, IA 50703
Phone Number
(319) 236-3803
NCUA Charter Number
Largest Competitors
North Liberty, IA
Waterloo, IA
Dubuque, IA
Waterloo, IA
Waterloo, IA
