Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.2 and a capital leverage ratio of 11.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 5.1 percent from a year earlier contributes to the Good asset quality (7.0). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (3.8) profitability.
Asset Mix:
Comm re (32%), home mtgs (22%), comm loans (10%), securities (9%), home eq lns (3%), cash (2%), consumer loans (0%), other (22%)
States with Branches:
ME
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
Machias Bancorp, MHC
Investment Rating
--
Address
Four Center Street
Machias, ME 04654
Machias, ME 04654
Phone Number
(207) 255-3347
Year Founded
1869
FDIC Number
Website
Largest Affiliates
No affiliate information available.