Institution for Savings in Newburyport and Its Vicinity
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 15.4 and a capital leverage ratio of 11.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.4 on a scale of 0 to 10).
Other Rating Factors:
A current level of 0.2 percent of nonperforming loans to core capital combined with 0.1 percent from a year earlier contributes to the Excellent asset quality (9.4). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Weak (3.0) profitability.
Asset Mix:
Home mtgs (59%), comm re (9%), cash (5%), securities (4%), home eq lns (1%), other (22%)
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
IFS 1820 Bancorp, MHC
Investment Rating
--
Address
93 State Street
Newburyport, MA 01950
Newburyport, MA 01950
Phone Number
(978) 462-3106
Year Founded
1820
FDIC Number
Largest Affiliates
No affiliate information available.