Development
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.2 on a scale of 0 to 10). Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.3 and a net worth ratio of 9.4.
Other Rating Factors:
A current level of 1.8 percent of nonperforming loans to core capital combined with 6.8 percent from a year earlier contributes to the Excellent asset quality (9.2). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 2.5 has resulted in Excellent (7.5) profitability.
Asset Mix:
Consumer loans (20%), home mtgs (15%), other (65%)
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
1960 Sweet Home Road
Amherst, NY 14228
Amherst, NY 14228
Phone Number
(716) 691-9187
NCUA Charter Number
Website
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