Major Rating Factors:
A current level of 2.4 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (8.6). Excellent current capitalization (7.6 on a scale of 0 to 10) and a capital leverage ratio of 9.4.
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 (6.9 on a scale of 0 to 10). Weak liquidity 2.9, driven by a liquidity ratio of 14.4 percent and a “hot money” ratio of 17.7 percent.
Asset Mix:
Home mtgs (38%), comm re (21%), securities (12%), home eq lns (5%), comm loans (3%), cash (2%), consumer loans (1%), other (18%)
States with Branches:
CT
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
Ascend Mutual Holding
Investment Rating
--
Address
One Park Street
Guilford, CT 06437
Guilford, CT 06437
Phone Number
(203) 453-2721
Year Founded
1875
FDIC Number
Website
Largest Affiliates
No affiliate information available.