Major Rating Factors:
A current level of 7.9 percent of nonperforming loans to core capital combined with 5.3 percent from a year earlier contributes to the Excellent asset quality (7.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.0 on a scale of 0 to 10) based on a net capital to total assets of 9.5 and a net worth ratio of 10.2. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 0.8 has resulted in Good (6.0) profitability.
Asset Mix:
Home mtgs (31%), consumer loans (22%), other (47%)
Corporate Info
50 Riverside Industrial Parkway
Portland, ME 04103
Portland, ME 04103
(207) 878-6200
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