Major Rating Factors:
A current level of 22.7 percent of nonperforming loans to core capital combined with 11.6 percent from a year earlier contributes to the Weak asset quality (2.6). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Weak (1.1) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.0 and a capital leverage ratio of 17.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10).
Asset Mix:
Comm loans (35%), comm re (29%), home mtgs (25%), cash (2%), securities (0%), other (9%)
States with Branches:
CA, 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
Industrial and Commercial Bank of China Limited
Investment Rating
--
Address
1185 Avenue of the Americas
New York, NY 10036
New York, NY 10036
Phone Number
(212) 838-7799
Year Founded
FDIC Number
Website
Largest Affiliates
No affiliate information available.