Major Rating Factors:
Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.2 has resulted in Weak (1.4) 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:
Very Weak liquidity 0.4, driven by a liquidity ratio of 12.2 percent and a “hot money” ratio of 9.6 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (7.3).
Asset Mix:
Comm re (37%), home mtgs (12%), securities (10%), comm loans (10%), cash (8%), home eq lns (3%), other (20%)
States with Branches:
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
Investment Rating
--
Address
57 Northeastern Boulevard
Nashua, NH 03062
Nashua, NH 03062
Phone Number
(603) 882-6500
Year Founded
2019
FDIC Number
Website
Largest Affiliates
No affiliate information available.