Development
Morton Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (3.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (3.9) profitability.
Other Rating Factors:
Fair liquidity 3.5, driven by a liquidity ratio of 21.1 percent and a “hot money” ratio of 2.5 percent. A current level of 6.1 percent of nonperforming loans to core capital combined with 4.6 percent from a year earlier contributes to the Good asset quality (6.2).
Asset Mix:
Consumer loans (68%), other (32%)
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
121 Morton Drive
South Hutchinson, KS 67505
South Hutchinson, KS 67505
Phone Number
(620) 665-6792
NCUA Charter Number
Website
Largest Competitors
Lenexa, KS
Wichita, KS
Wichita, KS
Garden City, KS
South Hutchinson, KS