Major Rating Factors:
Weak current capitalization (1.3 on a scale of 0 to 10) based on a net capital to total assets of 4.6 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 (3.9 on a scale of 0 to 10).
Other Rating Factors:
Good liquidity 5.5, driven by a liquidity ratio of 28.1 percent and a “hot money” ratio of 6.3 percent. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Good (6.9) profitability.
Asset Mix:
Consumer loans (23%), securities (4%), home mtgs (3%), other (71%)
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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