Major Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.9 has resulted in Weak (2.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.3 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 3.2, driven by a liquidity ratio of 8.4 percent and a “hot money” ratio of 0.0 percent. Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.5 and a net worth ratio of 13.5.
Asset Mix:
Securities (59%), consumer loans (28%), home mtgs (1%), other (11%)
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
199 Revere Street
Revere, MA 02151
Revere, MA 02151
Phone Number
(781) 853-0660
NCUA Charter Number
Largest Competitors
Marlborough, MA
Chelsea, MA
Rockland, MA
Littleton, MA
Lawrence, MA