Major Rating Factors:
A current level of 8.3 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Fair asset quality (3.4). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (1.4) profitability.
Other Rating Factors:
Excellent current capitalization (9.5 on a scale of 0 to 10) based on a risk-based capital ratio of 14.0 and a capital leverage ratio of 10.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.7 on a scale of 0 to 10).
Asset Mix:
Home mtgs (40%), comm re (27%), consumer loans (18%), cash (7%), securities (3%), comm loans (3%), other (2%)
States with Branches:
MA, RI
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
Jamestown Trust#3
Investment Rating
--
Address
One Shoreham Way
Warwick, RI 02886
Warwick, RI 02886
Phone Number
(401) 773-2885
Year Founded
1959
FDIC Number
Website
Largest Affiliates
There are no affiliate to display.