Pulaski Financial makes list of top thrifts

Pulaski Financial Corp., the Creve Coeur-based parent of Pulaski Bank, made SNL Financial’s list of top-performing thrift institutions.

Pulaski ranked 10th among the nation’s 100 largest third institutions and scored 77.4  in the financial data company’s survey.

Washington  Federal of Seattle ranked first with a score of 85.4. SNL said many thrifts declined in the rankings because of problems in the mortgage and housing markets.

SNL  gave the companies  a weighted score, with 20 percent of the score based on each of four measures:

• Core return on average assets.
• Core return on average equity
• Three-year compound annual growth in book value.
• Efficiency ratio.

Another 10 percent was base on two additional measures:

• Net chargeoffs as a percent of loans.
• Ratio of nonperforming assets and loans 90 days past due to total assets.

The survey results are available at SNL’s website.