Major Rating Factors:
A current level of 15.5 percent of nonperforming loans to core capital combined with 12.8 percent from a year earlier contributes to the Fair asset quality (3.9). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.6) profitability.
Other Rating Factors:
Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 9.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Home mtgs (49%), comm re (23%), home eq lns (5%), securities (3%), cash (3%), comm loans (2%), other (14%)
States with Branches:
NY
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
70 Glen Street
Glen Cove, NY 11542
Glen Cove, NY 11542
Phone Number
(516) 609-3500
Year Founded
1999
FDIC Number
Largest Affiliates
No affiliate information available.