Major Rating Factors:
A current level of 19.6 percent of nonperforming loans to core capital combined with 27.5 percent from a year earlier contributes to the Fair asset quality (3.4). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (3.3) profitability.
Other Rating Factors:
Excellent current capitalization (9.3 on a scale of 0 to 10) and a capital leverage ratio of 10.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10).
Asset Mix:
Home mtgs (70%), cash (26%), securities (1%), other (3%)
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
Quontic Bank Acquisition Corp.
Investment Rating
--
Address
31-05 Broadway
Astoria, NY 11106
Astoria, NY 11106
Phone Number
(800) 908-6600
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.