Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 20.5 and a net worth ratio of 20.5. A current level of 3.1 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.9 on a scale of 0 to 10). Good liquidity 7.0, driven by a liquidity ratio of 74.8 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (39%), other (61%)
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
33 North Common Street
Lynn, MA 01902
Lynn, MA 01902
Phone Number
(781) 592-4936
NCUA Charter Number
Website
Largest Competitors
Lynn, MA
Lynn, MA
Lynn, MA
Lynn, MA