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 (2.2 on a scale of 0 to 10).
Other Rating Factors:
Good liquidity 6.4, driven by a liquidity ratio of 52.3 percent and a “hot money” ratio of 59.0 percent. Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 24.5 and a capital leverage ratio of 8.7.
Asset Mix:
Securities (68%), cash (13%), home mtgs (13%), comm re (3%), comm loans (1%), other (3%)
States with Branches:
NJ
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
Group Affiliation
Investment Rating
--
Address
320 North Broad Street
Elizabeth, NJ 07208
Elizabeth, NJ 07208
Phone Number
(908) 354-4600
Year Founded
1883
FDIC Number
Largest Affiliates
No affiliate information available.