Sturdy Savings Bank
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 (4.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.5 has resulted in Fair (3.0) profitability.
Other Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (8.7). Good current capitalization (7.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.7 and a capital leverage ratio of 9.1.
Asset Mix:
Securities (32%), home mtgs (26%), comm re (24%), cash (4%), comm loans (1%), home eq lns (1%), other (11%)
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
9417 3rd Avenue
Stone Harbor, NJ 08247
Stone Harbor, NJ 08247
Phone Number
(609) 368-2911
Year Founded
1922
FDIC Number
Website
Largest Affiliates
No affiliate information available.