Sturdy Savings Bank
Major Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.4) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital combined with 0.9 percent from a year earlier contributes to the Excellent asset quality (8.6). Good current capitalization (6.3 on a scale of 0 to 10) based on a risk-based capital ratio of 15.8 and a capital leverage ratio of 9.0.
Asset Mix:
Securities (34%), home mtgs (26%), comm re (24%), cash (2%), comm loans (2%), home eq lns (1%), other (12%)
States with Branches:
NJ
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
506 South Main Street
Cape May Court House, NJ 08210
Cape May Court House, NJ 08210
Phone Number
(609) 463-5206
Year Founded
1922
FDIC Number
Website
Largest Affiliates
No affiliate information available.