Torrington Municipal & Teachers Federal Credit Union
Major Rating Factors:
A current level of 0.8 percent of nonperforming loans to core capital contributes to the Excellent asset quality (10.0). Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 9.4.
Other Rating Factors:
Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 1.0 has resulted in Good (6.4) profitability. Good liquidity 6.2, driven by a liquidity ratio of 24.3 percent and a “hot money” ratio of 4.2 percent.
Asset Mix:
Consumer loans (25%), home mtgs (4%), 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
777 East Main Street
Torrington, CT 06790
Torrington, CT 06790
Phone Number
(860) 489-2212
NCUA Charter Number
Website
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