Torrington Municipal & Teachers Federal Credit Union
Major Rating Factors:
A current level of 1.1 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Excellent asset quality (9.9). Good current capitalization (6.2 on a scale of 0 to 10) based on a net capital to total assets of 8.7 and a net worth ratio of 0.0.
Other Rating Factors:
Good liquidity 6.2, driven by a liquidity ratio of 28.3 percent and a “hot money” ratio of 7.7 percent. Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Good (5.8) profitability.
Asset Mix:
Consumer loans (26%), home mtgs (4%), other (70%)
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
777 East Main Street
Torrington, CT 06790
Torrington, CT 06790
Phone Number
(860) 489-2212
NCUA Charter Number
Website
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