Major Rating Factors:
Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Weak (2.9) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.2). Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 27.9 and a capital leverage ratio of 10.8.
Asset Mix:
Securities (45%), home mtgs (31%), cash (6%), home eq lns (5%), comm re (3%), comm loans (0%), other (10%)
States with Branches:
MA
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
60 Main Street
Watertown, MA 02472
Watertown, MA 02472
Phone Number
(617) 928-9000
Year Founded
1870
FDIC Number
Website
Largest Affiliates
No affiliate information available.