Major Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Very Weak (0.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.1 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.6 and a capital leverage ratio of 12.9. A current level of 2.0 percent of nonperforming loans to core capital combined with 1.6 percent from a year earlier contributes to the Excellent asset quality (9.2).
Asset Mix:
Home mtgs (53%), comm re (18%), securities (8%), comm loans (5%), home eq lns (3%), cash (2%), consumer loans (0%), other (11%)
States with Branches:
ME
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
Kennebec Savings, MHC
Investment Rating
--
Address
150 State Street
Augusta, ME 04330
Augusta, ME 04330
Phone Number
(207) 622-5801
Year Founded
1870
FDIC Number
Website
Largest Affiliates
No affiliate information available.