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 (3.7 on a scale of 0 to 10). A current level of 0.3 percent of nonperforming loans to core capital combined with 0.4 percent from a year earlier contributes to the Excellent asset quality (7.2).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 19.1 and a capital leverage ratio of 17.6. Operating profits as a percentage of assets at 3.2%, coupled with a return on assets of 2.4 has resulted in Excellent (10.0) profitability.
Asset Mix:
Comm re (53%), cash (11%), comm loans (3%), securities (1%), home mtgs (0%), other (32%)
States with Branches:
MA, 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
Investment Rating
--
Address
31 Pelham Road
Salem, NH 03079
Salem, NH 03079
Phone Number
(603) 894-5700
Year Founded
1983
FDIC Number
Website
Largest Affiliates
No affiliate information available.
