Major Rating Factors:
Excellent current capitalization (9.3 on a scale of 0 to 10) based on a net capital to total assets of 11.1 and a net worth ratio of 11.1. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.8 has resulted in Excellent (8.5) profitability.
Other Rating Factors:
A current level of 3.6 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (7.5). Excellent liquidity 7.5, driven by a liquidity ratio of 56.9 percent and a “hot money” ratio of 2.0 percent.
Asset Mix:
Consumer loans (18%), securities (3%), home mtgs (1%), other (78%)
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
1601 Cedar Street
Millville, NJ 08332
Millville, NJ 08332
Phone Number
(856) 327-5755
NCUA Charter Number
Website
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