Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.6) profitability.
Other Rating Factors:
A current level of 3.4 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Excellent asset quality (8.2). Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 11.3 and a capital leverage ratio of 8.0.
Asset Mix:
Home mtgs (29%), securities (20%), comm re (18%), home eq lns (9%), comm loans (5%), cash (1%), consumer loans (1%), other (18%)
States with Branches:
ME, NH
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
Bangor Bancorp, MHC
Investment Rating
--
Address
24 Hamlin Way
Bangor, ME 04401
Bangor, ME 04401
Phone Number
(207) 942-5211
Year Founded
1852
FDIC Number
Website
Largest Affiliates
No affiliate information available.