Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.6 has resulted in Fair (3.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.4 on a scale of 0 to 10) based on a risk-based capital ratio of 14.3 and a capital leverage ratio of 9.3. A current level of 14.4 percent of nonperforming loans to core capital contributes to the Good asset quality (6.0).
Asset Mix:
Home mtgs (34%), comm re (17%), securities (16%), home eq lns (12%), cash (5%), comm loans (3%), consumer loans (1%), other (12%)
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
18 Main Street
Millbury, MA 01527
Millbury, MA 01527
Phone Number
(508) 865-9521
Year Founded
1825
FDIC Number
Website
Largest Affiliates
No affiliate information available.