Major Rating Factors:
A current level of 5.7 percent of nonperforming loans to core capital combined with 9.8 percent from a year earlier contributes to the Fair asset quality (4.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 16.3. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.6 has resulted in Excellent (9.1) profitability.
Asset Mix:
Comm re (36%), cash (18%), securities (17%), home mtgs (8%), comm loans (4%), consumer loans (0%), other (17%)
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
CheckSpring Community Corporation
Investment Rating
--
Address
69 East 167th Street
Bronx, NY 10452
Bronx, NY 10452
Phone Number
(718) 879-5000
Year Founded
2007
FDIC Number
Website
Largest Affiliates
No affiliate information available.