Major Rating Factors:
A current level of 8.8 percent of nonperforming loans to core capital contributes to the Good asset quality (6.1).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 33.5 and a net worth ratio of 33.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Asset Mix:
Consumer loans (62%), securities (26%), other (13%)
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
Address
One Lincoln Avenue
Newark, NJ 07104
Newark, NJ 07104
Phone Number
(973) 733-6198
NCUA Charter Number
Largest Competitors
Newark, NJ
Newark, NJ
Newark, NJ
Newark, NJ