Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10). A current level of 27.3 percent of nonperforming loans to core capital contributes to the Fair asset quality (3.7).
Other Rating Factors:
Weak liquidity 2.4, driven by a liquidity ratio of 8.1 percent and a “hot money” ratio of 15.3 percent. Good current capitalization (5.2 on a scale of 0 to 10) based on a net capital to total assets of 7.6 and a net worth ratio of 7.6.
Asset Mix:
Consumer loans (20%), home mtgs (17%), securities (3%), comm loans (1%), other (59%)
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