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 (3.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (4.9) profitability.
Other Rating Factors:
Good liquidity 5.4, driven by a liquidity ratio of 35.7 percent and a “hot money” ratio of 7.7 percent. A current level of 10.6 percent of nonperforming loans to core capital contributes to the Good asset quality (5.4).
Asset Mix:
Consumer loans (26%), home mtgs (8%), other (66%)
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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