Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 15.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.3 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.8 has resulted in Fair (3.5) profitability. A current level of 12.6 percent of nonperforming loans to core capital combined with 7.6 percent from a year earlier contributes to the Fair asset quality (3.4).
Asset Mix:
Comm re (57%), cash (13%), comm loans (10%), securities (9%), home mtgs (7%), other (4%)
States with Branches:
NJ, 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
146-01 Northern Boulevard
Flushing, NY 11354
Flushing, NY 11354
Phone Number
(718) 353-9100
Year Founded
2006
FDIC Number
Website
Largest Affiliates
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