Major Rating Factors:
A current level of 1.1 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Excellent asset quality (9.2). Excellent current capitalization (9.0 on a scale of 0 to 10) based on a risk-based capital ratio of 28.6 and a capital leverage ratio of 11.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10). Fair liquidity 4.6, driven by a liquidity ratio of 57.2 percent and a “hot money” ratio of 27.7 percent.
Asset Mix:
Securities (42%), home mtgs (32%), cash (7%), home eq lns (6%), comm re (3%), comm loans (0%), other (9%)
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.