Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Weak (2.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 1.5 percent of nonperforming loans to core capital combined with 1.2 percent from a year earlier contributes to the Excellent asset quality (8.8). Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 9.6.
Asset Mix:
Home mtgs (31%), comm re (26%), securities (13%), cash (5%), comm loans (4%), home eq lns (2%), consumer loans (1%), other (19%)
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
Investment Rating
--
Address
117 Prospect Street
Stamford, CT 06901
Stamford, CT 06901
Phone Number
(203) 462-4407
Year Founded
1851
FDIC Number
Website
Largest Affiliates
No affiliate information available.