Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Weak (1.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.5 and a net worth ratio of 12.6. A current level of 7.4 percent of nonperforming loans to core capital contributes to the Good asset quality (6.8).
Asset Mix:
Consumer loans (26%), home mtgs (14%), other (60%)
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
10 Sheridan Drive
Tonawanda, NY 14150
Tonawanda, NY 14150
Phone Number
(716) 873-4112
NCUA Charter Number
Largest Competitors
Bethpage, NY
Long Island City, NY
Hauppauge, NY
Tonawanda, NY
Tonawanda, NY