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 (4.2 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 Weak (2.6) profitability.
Other Rating Factors:
A current level of 2.0 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Excellent asset quality (7.8). Good current capitalization (6.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.4 and a capital leverage ratio of 8.9.
Asset Mix:
Home mtgs (45%), comm loans (11%), comm re (10%), securities (10%), consumer loans (8%), cash (5%), home eq lns (1%), other (10%)
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
URSB Bancorp, Inc.
Investment Rating
Address
11-15 Cooke Avenue
Carteret, NJ 07008
Carteret, NJ 07008
Phone Number
(732) 541-5445
Year Founded
1914
FDIC Number
Website
Largest Affiliates
No affiliate information available.