Major Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.0 has resulted in Fair (4.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.5 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.4, driven by a liquidity ratio of 19.1 percent and a “hot money” ratio of 9.9 percent. A current level of 4.2 percent of nonperforming loans to core capital combined with 14.3 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Comm re (26%), comm loans (18%), consumer loans (16%), securities (15%), home mtgs (12%), cash (6%), home eq lns (4%), other (4%)
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
Grasshopper Bancorp, Inc.
Investment Rating
--
Address
261 5th Ave
New York, NY 10016
New York, NY 10016
Phone Number
(917) 830-2100
Year Founded
2019
FDIC Number
Website
Largest Affiliates
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