Major Rating Factors:
A current level of 1.3 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (9.0). Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 15.3 and a capital leverage ratio of 10.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (4.0) profitability.
Asset Mix:
Home mtgs (45%), comm re (21%), securities (9%), home eq lns (6%), comm loans (4%), cash (2%), consumer loans (1%), other (13%)
States with Branches:
ME, NH
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
Group Affiliation
SIS Bancorp, MHC
Investment Rating
--
Address
900 Main Street
Sanford, ME 04073
Sanford, ME 04073
Phone Number
(207) 324-8092
Year Founded
1933
FDIC Number
Website
Largest Affiliates
No affiliate information available.