Blue Foundry Bank
Major Rating Factors:
A current level of 3.8 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Good asset quality (6.8).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.9 and a capital leverage ratio of 13.1. 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 (24%), securities (15%), comm re (14%), consumer loans (6%), cash (2%), comm loans (1%), home eq lns (1%), other (37%)
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
19 Park Avenue
Rutherford, NJ 07070
Rutherford, NJ 07070
Phone Number
(201) 939-5000
Year Founded
1939
FDIC Number
Website
Largest Affiliates
No affiliate information available.