Major Rating Factors:
A current level of 1.3 percent of nonperforming loans to core capital combined with 0.9 percent from a year earlier contributes to the Excellent asset quality (8.8). Excellent current capitalization (7.1 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 9.1.
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 (6.7 on a scale of 0 to 10). Fair liquidity 3.1, driven by a liquidity ratio of 14.1 percent and a “hot money” ratio of 15.0 percent.
Asset Mix:
Home mtgs (41%), comm re (20%), securities (12%), comm loans (3%), home eq lns (3%), cash (1%), consumer loans (1%), other (20%)
States with Branches:
ME, NH, VT
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
ClearNorth Financial Mutual Holding Co.
Investment Rating
--
Address
67 North Park Street
Lebanon, NH 03766
Lebanon, NH 03766
Phone Number
(603) 448-3650
Year Founded
1899
FDIC Number
Website
Largest Affiliates
Lewiston, ME
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Bank