Development
Major Rating Factors:
Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.2 has resulted in Weak (2.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.4, driven by a liquidity ratio of 17.8 percent and a “hot money” ratio of 0.0 percent. A current level of 3.8 percent of nonperforming loans to core capital combined with 6.7 percent from a year earlier contributes to the Excellent asset quality (7.7).
Asset Mix:
Securities (52%), consumer loans (34%), home mtgs (0%), other (14%)
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
411 Irvington Avenue
Elizabeth, NJ 07208
Elizabeth, NJ 07208
Phone Number
(908) 351-7770
NCUA Charter Number
Website
Largest Competitors
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ
Elizabeth, NJ