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 (5.0 on a scale of 0 to 10). A current level of 13.1 percent of nonperforming loans to core capital combined with 15.5 percent from a year earlier contributes to the Good asset quality (5.1).
Other Rating Factors:
Excellent current capitalization (9.2 on a scale of 0 to 10) based on a risk-based capital ratio of 20.0 and a capital leverage ratio of 10.5. Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (6.1) profitability.
Asset Mix:
Home mtgs (21%), comm re (20%), securities (20%), cash (19%), comm loans (6%), home eq lns (2%), consumer loans (0%), other (12%)
States with Branches:
FL, 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
Investment Rating
--
Address
19 East 54th Street
New York, NY 10022
New York, NY 10022
Phone Number
(212) 833-1000
Year Founded
1983
FDIC Number
Website
Largest Affiliates
No affiliate information available.