National Grand Bank of Marblehead
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 (4.6 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (2.9) profitability.
Other Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (8.5 on a scale of 0 to 10) and a capital leverage ratio of 10.0.
Asset Mix:
Home mtgs (66%), securities (19%), cash (5%), comm re (2%), home eq lns (2%), comm loans (1%), consumer loans (0%), other (5%)
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
Grand Bank Corporation
Investment Rating
--
Address
91 Pleasant Street
Marblehead, MA 01945
Marblehead, MA 01945
Phone Number
(781) 631-6000
Year Founded
1831
FDIC Number
Website
Largest Affiliates
No affiliate information available.