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 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (4.5) profitability.
Other Rating Factors:
Fair liquidity 3.3, driven by a liquidity ratio of 19.2 percent and a “hot money” ratio of 7.6 percent. A current level of 16.4 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.6).
Asset Mix:
Home mtgs (34%), consumer loans (28%), comm loans (8%), other (29%)
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
3528 East Main Street
Waterbury, CT 06705
Waterbury, CT 06705
Phone Number
(203) 755-2030
NCUA Charter Number
Largest Competitors
East Hartford, CT
Waterbury, CT
Waterbury, CT
Waterbury, CT
Waterbury, CT