Development
Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.6 has resulted in Fair (4.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.4 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a net capital to total assets of 9.2 and a net worth ratio of 9.2. A current level of 6.4 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Good asset quality (5.0).
Asset Mix:
Consumer loans (54%), securities (23%), home mtgs (1%), other (22%)
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
2701 Hoyt Avenue
Everett, WA 98201
Everett, WA 98201
Phone Number
(206) 774-2900
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Everett, WA
Everett, WA
Everett, WA
Everett, WA