Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 23.0 and a capital leverage ratio of 16.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 2.5 percent of nonperforming loans to core capital combined with 4.4 percent from a year earlier contributes to the Excellent asset quality (8.8). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.4 has resulted in Good (5.9) profitability.
Asset Mix:
Home mtgs (50%), securities (14%), comm re (9%), comm loans (4%), home eq lns (3%), cash (2%), 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
Investment Rating
--
Address
55 Main Street
Norwich, CT 06360
Norwich, CT 06360
Phone Number
(860) 823-4912
Year Founded
1854
FDIC Number
Website
Largest Affiliates
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