Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 16.4 and a capital leverage ratio of 11.1. A current level of 2.0 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (8.7).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10). Fair liquidity 3.5, driven by a liquidity ratio of 14.6 percent and a “hot money” ratio of 18.4 percent.
Asset Mix:
Home mtgs (28%), securities (22%), comm re (17%), comm loans (5%), cash (4%), home eq lns (1%), other (23%)
States with Branches:
CT, RI
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
Investment Rating
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Address
290 Salem Turnpike
Norwich, CT 06360
Norwich, CT 06360
Phone Number
(860) 859-4300
Year Founded
1869
FDIC Number
Website
Largest Affiliates
No affiliate information available.