Development
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 (1.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.8 has resulted in Weak (2.5) profitability.
Other Rating Factors:
Fair liquidity 4.0, driven by a liquidity ratio of 26.3 percent and a “hot money” ratio of 10.3 percent. A current level of 13.2 percent of nonperforming loans to core capital combined with 23.7 percent from a year earlier contributes to the Fair asset quality (4.3).
Asset Mix:
Consumer loans (53%), home mtgs (10%), other (37%)
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
443 Franklin Avenue
Hartford, CT 06114
Hartford, CT 06114
Phone Number
(860) 722-8110
NCUA Charter Number
Website
Largest Competitors
Hartford, CT
Hartford, CT
Hartford, CT
Hartford, CT
Hartford, CT