Major Rating Factors:
Excellent current capitalization (8.3 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 9.8. A current level of 7.4 percent of nonperforming loans to core capital combined with 10.3 percent from a year earlier contributes to the Good asset quality (5.1).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (5.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10).
Asset Mix:
Comm re (31%), comm loans (17%), home mtgs (14%), securities (8%), cash (5%), home eq lns (3%), consumer loans (1%), other (21%)
States with Branches:
MA
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
Beacon Financial Corporation
Investment Rating
--
Address
131 Clarendon Street
Boston, MA 02116
Boston, MA 02116
Phone Number
(800) 698-2265
Year Founded
1871
FDIC Number
Website
Largest Affiliates
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