Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 23.6 and a capital leverage ratio of 15.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.2 percent of nonperforming loans to core capital combined with 8.7 percent from a year earlier contributes to the Excellent asset quality (7.0). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Fair (5.0) profitability.
Asset Mix:
Home mtgs (30%), comm re (15%), cash (15%), securities (14%), comm loans (11%), consumer loans (1%), other (14%)
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
Investment Rating
--
Address
13216 Broadway Street
Alden, NY 14004
Alden, NY 14004
Phone Number
(716) 937-3381
Year Founded
1916
FDIC Number
Website
Largest Affiliates
No affiliate information available.