Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (3.9) profitability.
Other Rating Factors:
Weak liquidity 2.1, driven by a liquidity ratio of 10.2 percent and a “hot money” ratio of 17.1 percent. A current level of 7.9 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.3).
Asset Mix:
Home mtgs (45%), consumer loans (15%), comm loans (1%), other (39%)
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
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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
100 Metro Blvd
Nutley, NJ 07110
Nutley, NJ 07110
Phone Number
(973) 338-1133
NCUA Charter Number
Website
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