Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.7 has resulted in Fair (3.5) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 11.7. A current level of 5.0 percent of nonperforming loans to core capital combined with 5.8 percent from a year earlier contributes to the Good asset quality (6.9).
Asset Mix:
Home mtgs (35%), comm re (29%), securities (10%), comm loans (5%), home eq lns (3%), cash (1%), consumer loans (0%), other (16%)
States with Branches:
MA, 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
River Run Bancorp, MHC
Investment Rating
--
Address
One Merrimack Street
Haverhill, MA 01830
Haverhill, MA 01830
Phone Number
(978) 372-7731
Year Founded
1891
FDIC Number
Website
Largest Affiliates
Newburyport, MA
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Bank
Fitchburg, MA
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Bank