Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.4 has resulted in Weak (2.0) profitability.
Other Rating Factors:
Weak liquidity 2.5, driven by a liquidity ratio of 8.7 percent and a “hot money” ratio of 18.2 percent. Weak current capitalization (2.6 on a scale of 0 to 10) based on a net capital to total assets of 5.1 and a net worth ratio of 7.4.
Asset Mix:
Home mtgs (32%), consumer loans (32%), other (36%)
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
Address
23 Industrial Park Road
Saco, ME 04072
Saco, ME 04072
Phone Number
(207) 282-4156
NCUA Charter Number
Largest Competitors
South Portland, ME
Hampden, ME
Augusta, ME
Scarborough, ME
Saco, ME