Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.5 on a scale of 0 to 10). Fair current capitalization (3.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 8.2.
Other Rating Factors:
A current level of 1.4 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (7.7). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Fair (3.3) profitability.
Asset Mix:
Home mtgs (24%), securities (24%), comm re (16%), comm loans (8%), cash (4%), consumer loans (2%), home eq lns (1%), other (21%)
States with Branches:
NH, VT
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
Ledyard Financial Group, Inc.
Investment Rating
Address
320 Main Street
Norwich, VT 05055
Norwich, VT 05055
Phone Number
(802) 649-2050
Year Founded
1991
FDIC Number
Website
Largest Affiliates
No affiliate information available.