1st Bergen Federal Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 15.1 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Excellent (7.4) profitability.
Other Rating Factors:
A current level of 10.6 percent of nonperforming loans to core capital combined with 6.9 percent from a year earlier contributes to the Good asset quality (6.7). Good liquidity 5.2, driven by a liquidity ratio of 61.4 percent and a “hot money” ratio of 14.1 percent.
Asset Mix:
Consumer loans (24%), other (76%)
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
392 Main Street
Hackensack, NJ 07601
Hackensack, NJ 07601
Phone Number
(201) 968-0202
NCUA Charter Number
Website
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