Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.8 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 1.3, driven by a liquidity ratio of 13.6 percent and a “hot money” ratio of 16.1 percent. A current level of 17.0 percent of nonperforming loans to core capital combined with 24.1 percent from a year earlier contributes to the Fair asset quality (3.3).
Asset Mix:
Home mtgs (52%), comm re (15%), cash (13%), home eq lns (5%), comm loans (3%), consumer loans (2%), other (10%)
States with Branches:
CT
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
257 Main Street
Norwich, CT 06360
Norwich, CT 06360
Phone Number
(860) 889-7381
Year Founded
1915
FDIC Number
Website
Largest Affiliates
No affiliate information available.