Major Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 20.2 and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.9 percent of nonperforming loans to core capital combined with 5.6 percent from a year earlier contributes to the Excellent asset quality (7.1). Fair liquidity 4.1, driven by a liquidity ratio of 53.5 percent and a “hot money” ratio of 14.0 percent.
Asset Mix:
Securities (25%), cash (14%), home mtgs (13%), comm loans (12%), comm re (1%), consumer loans (0%), other (34%)
States with Branches:
CA, DC, FL, NJ, NY, VA, WA
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
HSBC Holdings plc
Investment Rating
--
Address
P.O. Box 9
Buffalo, NY 14240
Buffalo, NY 14240
Phone Number
(703) 883-8029
Year Founded
1812
FDIC Number
Website
Largest Affiliates
Wilmington, DE
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Bank