Major Rating Factors:
Fair current capitalization (4.6 on a scale of 0 to 10) based on a net capital to total assets of 7.0 and a net worth ratio of 8.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10).
Other Rating Factors:
A current level of 4.8 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (8.3). Fair liquidity 3.2, driven by a liquidity ratio of 16.0 percent and a “hot money” ratio of 16.8 percent.
Asset Mix:
Home mtgs (31%), consumer loans (17%), other (53%)
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
One Andrew Street
Lynn, MA 01901
Lynn, MA 01901
Phone Number
(800) 862-7009
NCUA Charter Number
Website
Largest Competitors
Lynn, MA
Lynn, MA
Lynn, MA
Lynn, MA