Major Rating Factors:
A current level of 12.0 percent of nonperforming loans to core capital combined with 8.2 percent from a year earlier contributes to the Fair asset quality (3.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.7 and a capital leverage ratio of 11.6. Operating profits as a percentage of assets at 3.2%, coupled with a return on assets of 2.1 has resulted in Excellent (10.0) profitability.
Asset Mix:
Comm re (50%), cash (10%), comm loans (4%), home mtgs (3%), securities (0%), other (33%)
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
Investment Rating
--
Address
27 Pearl Street
Portland, ME 04101
Portland, ME 04101
Phone Number
(207) 786-3245
Year Founded
1872
FDIC Number
Website
Largest Affiliates
No affiliate information available.