Major Rating Factors:
A current level of 0.6 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (9.2 on a scale of 0 to 10) based on a net capital to total assets of 11.0 and a net worth ratio of 11.0.
Other Rating Factors:
Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 1.9 has resulted in Excellent (8.6) profitability. Good liquidity 6.3, driven by a liquidity ratio of 42.8 percent and a “hot money” ratio of 1.3 percent.
Asset Mix:
Consumer loans (28%), home mtgs (7%), other (65%)
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
907 Broadway Street
Elmira, NY 14904
Elmira, NY 14904
Phone Number
(607) 734-7144
NCUA Charter Number
Website
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