Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 21.1 and a capital leverage ratio of 15.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.9 on a scale of 0 to 10).
Other Rating Factors:
A current level of 2.3 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (9.3). Fair liquidity 3.5, driven by a liquidity ratio of 19.9 percent and a “hot money” ratio of 5.1 percent.
Asset Mix:
Home mtgs (49%), securities (16%), comm re (11%), comm loans (4%), cash (2%), home eq lns (2%), consumer loans (0%), other (16%)
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
904 Poquonnock Road
Groton, CT 06340
Groton, CT 06340
Phone Number
(860) 448-4200
Year Founded
1854
FDIC Number
Website
Largest Affiliates
No affiliate information available.