Major Rating Factors:
A current level of 1.7 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.4). Good current capitalization (6.4 on a scale of 0 to 10) based on a net capital to total assets of 8.8 and a net worth ratio of 9.6.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10). Fair liquidity 3.2, driven by a liquidity ratio of 17.4 percent and a “hot money” ratio of 24.2 percent.
Asset Mix:
Home mtgs (35%), consumer loans (11%), securities (8%), comm loans (1%), other (45%)
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
250 Maple Street
Lynn, MA 01904
Lynn, MA 01904
Phone Number
(781) 592-5420
NCUA Charter Number
Website
Largest Competitors
Lynn, MA
Lynn, MA
Lynn, MA
Lynn, MA