Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.1 has resulted in Very Weak (0.9) profitability. A current level of 9.0 percent of nonperforming loans to core capital combined with 4.1 percent from a year earlier contributes to the Fair asset quality (4.0).
Other Rating Factors:
Weak liquidity 2.5, driven by a liquidity ratio of 23.0 percent and a “hot money” ratio of 0.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10).
Asset Mix:
Comm re (26%), comm loans (21%), home mtgs (17%), securities (13%), consumer loans (11%), cash (8%), 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
No affiliate information available.