Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.1 has resulted in Weak (1.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.2 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.4, driven by a liquidity ratio of 8.1 percent and a “hot money” ratio of 31.6 percent. A current level of 24.4 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.6).
Asset Mix:
Home mtgs (22%), comm loans (13%), consumer loans (12%), securities (0%), other (53%)
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
45 Atlantic Avenue
Oceanside, NY 11572
Oceanside, NY 11572
Phone Number
(516) 620-8100
NCUA Charter Number
Website
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