Blue Foundry Bank
Major Rating Factors:
A current level of 2.2 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Excellent asset quality (7.5).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.5 and a capital leverage ratio of 13.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.0 on a scale of 0 to 10).
Asset Mix:
Home mtgs (25%), securities (15%), comm re (14%), cash (2%), consumer loans (2%), home eq lns (1%), comm loans (1%), other (40%)
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
Blue Foundry Bancorp
Investment Rating
--
Address
7 Sylvan Way
Parsippany, NJ 07054
Parsippany, NJ 07054
Phone Number
(201) 939-5000
Year Founded
1939
FDIC Number
Website
Largest Affiliates
No affiliate information available.