Emigrant Bank

Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 21.8 and a capital leverage ratio of 22.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.9 on a scale of 0 to 10).

Other Rating Factors: Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (4.1) profitability. Weak liquidity 2.8, driven by a liquidity ratio of 9.9 percent and a “hot money” ratio of 2.6 percent.

Asset Mix: Comm loans (39%), comm re (13%), home mtgs (8%), securities (7%), cash (6%), consumer loans (0%), other (26%)

States with Branches: FL, NY

Asset Quality

Non-Performing Loans to Capital

18.11%

Non-Performing Assets to Assets

3.84%

Non-Performing Loans to Loans

5.00%

Loan Loss Reserves to Loans

1.56%

Charge-Offs to Average Loans

0.85%

5-Year Charge-Offs to Average Loans

0.22%

5-Year Asset Growth

1.64%

1-Year Asset Growth

-3.25%

Profitability

Operating Profit to Average Assets

0.80%

Return on Equity

2.81%

Net Interest Spread

3.85%

5-Year ROAA (Return on Average Assets)

1.51%

Overhead Efficiency Ratio

69.89%

Liquidity

Liquidity Ratio

9.94%

Hot Money

2.64%

Corporate Info

Group Affiliation

New York Private Bank & Trust Corporation

Investment Rating

Address

201 South Biscayne Boulevard
Miami, FL 33131

Phone Number

(212) 850-4521

Year Founded

1850

FDIC Number

57083

Website

http://www.emigrant.com

Largest Affiliates

Emigrant Mercantile Bank

New York, NY - Bank