B
Centreville Bank
Rating Date
April 2025
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 13.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.4 on a scale of 0 to 10).
Other Rating Factors: A current level of 4.5 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Good asset quality (6.6). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Fair (3.5) profitability.
Asset Mix: Comm re (29%), home mtgs (22%), securities (10%), comm loans (8%), cash (2%), consumer loans (1%), home eq lns (1%), other (27%)
States with Branches: CT, RI
Asset Quality
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Hot Money
Corporate Info
Group Affiliation
Investment Rating
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Address
1218 Main Street
West Warwick, RI 02893
Phone Number
(401) 821-9100
Year Founded
1828
FDIC Number
Largest Affiliates
No affiliate information available.