Major Rating Factors:
Operating profits as a percentage of assets at 3.8%, coupled with a return on assets of 2.8 has resulted in Excellent (9.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.3 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.1). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 22.0 and a capital leverage ratio of 8.6.
Asset Mix:
Securities (41%), cash (29%), consumer loans (10%), comm loans (3%), other (17%)
States with Branches:
CT, NY, TX, WA
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
The Bessemer Group, Incorporated
Investment Rating
--
Address
1271 Avenue of the Americas
New York, NY 10020
New York, NY 10020
Phone Number
(212) 708-9100
Year Founded
1907
FDIC Number
Website
Largest Affiliates
Woodbridge, NJ
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Bank
Wilmington, DE
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Bank
San Francisco, CA
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Bank
Las Vegas, NV
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Bank