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 (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.2 has resulted in Good (5.5) profitability.
Other Rating Factors:
Excellent current capitalization (9.5 on a scale of 0 to 10) based on a risk-based capital ratio of 14.8 and a capital leverage ratio of 10.6. A current level of 6.1 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Comm re (27%), home mtgs (21%), cash (8%), home eq lns (1%), securities (0%), other (44%)
States with Branches:
DC, 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
Investment Rating
--
Address
55 Main Street
Hingham, MA 02043
Hingham, MA 02043
Phone Number
(781) 749-2200
Year Founded
1834
FDIC Number
Website
Largest Affiliates
No affiliate information available.