Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 41.3 and a net worth ratio of 41.3. A current level of 2.6 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.5).
Other Rating Factors:
Excellent liquidity 8.1, driven by a liquidity ratio of 128.4 percent and a “hot money” ratio of 0.0 percent. Operating profits as a percentage of assets at 4.9%, coupled with a return on assets of 5.9 has resulted in Excellent (7.8) profitability.
Asset Mix:
Consumer loans (28%), other (72%)
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
54 Lincoln Street
Newark, NJ 07103
Newark, NJ 07103
Phone Number
(347) 234-8438
NCUA Charter Number
Largest Competitors
Newark, NJ
Newark, NJ
Newark, NJ
Newark, NJ