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 (3.7 on a scale of 0 to 10). A current level of 4.4 percent of nonperforming loans to core capital contributes to the Good asset quality (5.9).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.6 and a capital leverage ratio of 14.4. Operating profits as a percentage of assets at 2.7%, coupled with a return on assets of 2.0 has resulted in Excellent (9.8) profitability.
Asset Mix:
Comm re (44%), home mtgs (13%), securities (10%), cash (10%), comm loans (1%), other (22%)
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
41-06 Main Street
Flushing, NY 11355
Flushing, NY 11355
Phone Number
(718) 463-3600
Year Founded
1988
FDIC Number
Website
Largest Affiliates
No affiliate information available.