Major Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.3 has resulted in Weak (2.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.2. A current level of 5.6 percent of nonperforming loans to core capital combined with 9.8 percent from a year earlier contributes to the Good asset quality (6.6).
Asset Mix:
Home mtgs (47%), comm re (17%), securities (12%), comm loans (3%), cash (3%), home eq lns (3%), consumer loans (1%), other (14%)
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
Equitable Bancorp, MHC
Investment Rating
--
Address
195 Washington Street
Weymouth, MA 02188
Weymouth, MA 02188
Phone Number
(781) 796-6050
Year Founded
1889
FDIC Number
Website
Largest Affiliates
No affiliate information available.