Major Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.5) profitability. Good current capitalization (5.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.1 and a capital leverage ratio of 7.7.
Other Rating Factors:
A current level of 3.9 percent of nonperforming loans to core capital combined with 5.7 percent from a year earlier contributes to the Good asset quality (6.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10).
Asset Mix:
Securities (21%), comm loans (13%), comm re (12%), cash (4%), consumer loans (1%), home mtgs (0%), other (49%)
States with Branches:
NJ, NY
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
Apple Financial Holdings, Inc.
Investment Rating
--
Address
122 East 42 Street
New York, NY 10168
New York, NY 10168
Phone Number
(212) 490-4490
Year Founded
1863
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.