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 (1.7 on a scale of 0 to 10). Fair current capitalization (4.3 on a scale of 0 to 10) based on a net capital to total assets of 6.6 and a net worth ratio of 8.5.
Other Rating Factors:
Fair liquidity 4.5, driven by a liquidity ratio of 27.5 percent and a “hot money” ratio of 5.9 percent. Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 1.4 has resulted in Fair (4.9) profitability.
Asset Mix:
Consumer loans (33%), home mtgs (10%), other (57%)
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
107 Broadway
Hornell, NY 14843
Hornell, NY 14843
Phone Number
(607) 324-8384
NCUA Charter Number
Website
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