Major Rating Factors:
A current level of 1.6 percent of nonperforming loans to core capital combined with 1.4 percent from a year earlier contributes to the Excellent asset quality (8.3). Excellent current capitalization (7.8 on a scale of 0 to 10) based on a risk-based capital ratio of 15.2 and a capital leverage ratio of 9.5.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10). Weak liquidity 2.4, driven by a liquidity ratio of 16.2 percent and a “hot money” ratio of 27.7 percent.
Asset Mix:
Home mtgs (46%), comm re (14%), securities (8%), cash (7%), home eq lns (3%), comm loans (2%), consumer loans (1%), other (19%)
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
1854 Bancorp
Investment Rating
--
Address
292 Cambridge Street
Cambridge, MA 02141
Cambridge, MA 02141
Phone Number
(617) 354-7700
Year Founded
1854
FDIC Number
Website
Largest Affiliates
No affiliate information available.