Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.1 has resulted in Weak (1.2) profitability.
Other Rating Factors:
Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 14.2 and a capital leverage ratio of 9.6. A current level of 44.7 percent of nonperforming loans to core capital combined with 36.8 percent from a year earlier contributes to the Very Weak asset quality (0.2).
Asset Mix:
Comm loans (33%), securities (13%), home mtgs (10%), comm re (10%), cash (9%), other (25%)
States with Branches:
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
Modern Bank Management LLC
Investment Rating
--
Address
410 Park Avenue
New York, NY 10022
New York, NY 10022
Phone Number
(212) 323-1100
Year Founded
1977
FDIC Number
Website
Largest Affiliates
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