Major Rating Factors:
Fair current capitalization (3.9 on a scale of 0 to 10) based on a net capital to total assets of 6.2 and a net worth ratio of 0.0. A current level of 24.6 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.6).
Other Rating Factors:
Weak liquidity 2.4, driven by a liquidity ratio of 8.3 percent and a “hot money” ratio of 15.5 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.4 on a scale of 0 to 10).
Asset Mix:
Consumer loans (23%), home mtgs (18%), securities (3%), 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
East Hartford, CT
Hartford, CT
Waterford, CT
Stratford, CT
Norwalk, CT