Overview / Commentary
Maspeth Federal Savings & Loan Association began operations in 1947 as a federally chartered savings and loan association. Throughout its history, Maspeth Federal has concentrated its operations in Queens & Western Nassau Counties, New York and has operated as a traditional savings and loan association.
Health
A
Data as of Q2 2024
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| Overall | |
|---|---|
| FDIC Certificate # | 30303 |
| Year Established | 1947 |
| Employees | 198 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 2.1% |
| Annual Interest Income | $48.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.18B$2.11B |
| Loans | Q2 2024vs Q2 2023 | $1.99B$1.96B |
| Deposits | Q2 2024vs Q2 2023 | $1.41B$1.36B |
| Equity Capital | Q2 2024vs Q2 2023 | $731.6MM$715.8MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $17.3MM$17.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $34.9MM$35.8MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $5.8MM$1.5MM |