Development
Major Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a net capital to total assets of 9.9 and a net worth ratio of 9.9. A current level of 7.2 percent of nonperforming loans to core capital combined with 5.1 percent from a year earlier contributes to the Good asset quality (6.6).
Other Rating Factors:
Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.6 has resulted in Good (5.5) profitability. Good liquidity 5.1, driven by a liquidity ratio of 24.1 percent and a “hot money” ratio of 1.1 percent.
Asset Mix:
Consumer loans (34%), securities (10%), home mtgs (7%), other (49%)
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
632 Franklin Avenue
Hartford, CT 06114
Hartford, CT 06114
Phone Number
(860) 296-4379
NCUA Charter Number
Website
Largest Competitors
Hartford, CT
Hartford, CT
Hartford, CT
Hartford, CT
Hartford, CT