Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (4.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.5 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (9.1). Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 14.3 and a capital leverage ratio of 10.3.
Asset Mix:
Home mtgs (41%), securities (14%), comm re (11%), comm loans (5%), cash (2%), home eq lns (2%), consumer loans (1%), other (24%)
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
HB Holdings MHC
Investment Rating
--
Address
180 Merrimack Street
Haverhill, MA 01830
Haverhill, MA 01830
Phone Number
(978) 374-0161
Year Founded
1877
FDIC Number
Website
Largest Affiliates
No affiliate information available.