SSB 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 (4.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.8) profitability.
Other Rating Factors:
Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.1 and a capital leverage ratio of 8.0. A current level of 18.2 percent of nonperforming loans to core capital combined with 21.6 percent from a year earlier contributes to the Weak asset quality (3.0).
Asset Mix:
Home mtgs (35%), comm re (17%), cash (14%), comm loans (13%), home eq lns (5%), consumer loans (4%), securities (2%), other (10%)
States with Branches:
PA
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
SSB Bancorp, MHC
Investment Rating
--
Address
8700 Perry Highway
Pittsburgh, PA 15237
Pittsburgh, PA 15237
Phone Number
(412) 837-6955
Year Founded
1922
FDIC Number
Website
Largest Affiliates
No affiliate information available.