Torrington Municipal & Teachers Federal Credit Union
Major Rating Factors:
A current level of 5.0 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.2). Good current capitalization (6.5 on a scale of 0 to 10) based on a net capital to total assets of 8.9 and a net worth ratio of 0.0.
Other Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.9 has resulted in Good (6.3) profitability. Good liquidity 6.0, driven by a liquidity ratio of 24.9 percent and a “hot money” ratio of 8.2 percent.
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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