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 (4.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.0%, coupled with a return on assets of 0.0 has resulted in Weak (1.6) profitability.
Other Rating Factors:
Excellent current capitalization (8.4 on a scale of 0 to 10) based on a risk-based capital ratio of 17.6 and a capital leverage ratio of 9.9. A current level of 3.9 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Good asset quality (7.0).
Asset Mix:
Home mtgs (52%), securities (11%), comm re (9%), home eq lns (4%), cash (3%), consumer loans (0%), other (21%)
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
Investment Rating
--
Address
30 Middlesex Street
Lowell, MA 01852
Lowell, MA 01852
Phone Number
(978) 458-7999
Year Founded
1892
FDIC Number
Website
Largest Affiliates
No affiliate information available.