Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.4 has resulted in Weak (2.0) profitability.
Other Rating Factors:
A current level of 3.4 percent of nonperforming loans to core capital combined with 4.4 percent from a year earlier contributes to the Excellent asset quality (9.1). Fair liquidity 3.1, driven by a liquidity ratio of 9.5 percent and a “hot money” ratio of 7.0 percent.
Asset Mix:
Consumer loans (19%), home mtgs (18%), securities (2%), other (60%)
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
6485 South Transit Road
Lockport, NY 14094
Lockport, NY 14094
Phone Number
(716) 434-2290
NCUA Charter Number
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