Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (2.1) profitability. A current level of 13.5 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Fair asset quality (3.5).
Other Rating Factors:
Weak liquidity 2.5, driven by a liquidity ratio of 19.2 percent and a “hot money” ratio of 13.1 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10).
Asset Mix:
Comm re (20%), securities (16%), comm loans (16%), consumer loans (15%), home mtgs (15%), cash (9%), home eq lns (5%), 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.