Major Rating Factors:
Weak current capitalization (2.6 on a scale of 0 to 10) based on a net capital to total assets of 5.1 and a net worth ratio of 0.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 4.9, driven by a liquidity ratio of 25.0 percent and a “hot money” ratio of 6.5 percent. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.0 has resulted in Good (6.8) profitability.
Asset Mix:
Consumer loans (26%), home mtgs (3%), securities (2%), other (69%)
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
19-21 East Main Street
Westfield, NY 14787
Westfield, NY 14787
Phone Number
(716) 326-3858
NCUA Charter Number
Website
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