Major Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.7 has resulted in Fair (4.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.2 and a capital leverage ratio of 12.8. A current level of 1.2 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Excellent asset quality (7.5).
Asset Mix:
Comm re (43%), cash (17%), home mtgs (16%), comm loans (14%), securities (4%), other (7%)
States with Branches:
CA, GA, MD, NJ, NY, PA, TX, VA
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
Woori Financial Group Inc.
Investment Rating
--
Address
330 Fifth Avenue
New York, NY 10001
New York, NY 10001
Phone Number
(212) 244-1500
Year Founded
1984
FDIC Number
Website
Largest Affiliates
No affiliate information available.