Major Rating Factors:
Fair current capitalization (4.3 on a scale of 0 to 10) based on a net capital to total assets of 6.7 and a net worth ratio of 6.7. A current level of 24.2 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.7).
Other Rating Factors:
Weak liquidity 2.1, driven by a liquidity ratio of 5.6 percent and a “hot money” ratio of 15.1 percent. 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.
Asset Mix:
Consumer loans (23%), home mtgs (17%), securities (3%), comm loans (1%), other (56%)
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
37 North Avenue
Norwalk, CT 06851
Norwalk, CT 06851
Phone Number
(203) 977-4701
NCUA Charter Number
Website
Largest Competitors
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