Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.4 has resulted in Weak (2.8) profitability.
Other Rating Factors:
A current level of 21.0 percent of nonperforming loans to core capital combined with 57.9 percent from a year earlier contributes to the Fair asset quality (3.7). Fair liquidity 4.5, driven by a liquidity ratio of 7.1 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Home mtgs (33%), consumer loans (25%), other (42%)
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
16 West Grand Street
Elizabeth, NJ 07201
Elizabeth, NJ 07201
Phone Number
(908) 282-9881
NCUA Charter Number
Website
Largest Competitors
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ