Major Rating Factors:
Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.3 has resulted in Weak (2.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.4, driven by a liquidity ratio of 6.3 percent and a “hot money” ratio of 17.3 percent. Fair current capitalization (3.2 on a scale of 0 to 10) based on a net capital to total assets of 5.4 and a net worth ratio of 9.1.
Asset Mix:
Home mtgs (21%), comm loans (14%), consumer loans (11%), other (54%)
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
229 Parker Street
Gardner, MA 01440
Gardner, MA 01440
Phone Number
(978) 632-2542
NCUA Charter Number
Website
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