Development
Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.3 has resulted in Weak (1.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.7 on a scale of 0 to 10).
Other Rating Factors:
Good liquidity 5.5, driven by a liquidity ratio of 84.2 percent and a “hot money” ratio of 0.0 percent. A current level of 4.3 percent of nonperforming loans to core capital combined with 2.7 percent from a year earlier contributes to the Excellent asset quality (7.5).
Asset Mix:
Consumer loans (47%), securities (18%), other (35%)
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
One Police Plaza
Elizabeth, NJ 07201
Elizabeth, NJ 07201
Phone Number
(908) 558-2085
NCUA Charter Number
Largest Competitors
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ