Development
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.3 on a scale of 0 to 10). A current level of 29.4 percent of nonperforming loans to core capital combined with 10.0 percent from a year earlier contributes to the Weak asset quality (2.5).
Other Rating Factors:
Weak liquidity 2.3, driven by a liquidity ratio of 11.3 percent and a “hot money” ratio of 11.8 percent. Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.3 has resulted in Weak (2.9) profitability.
Asset Mix:
Consumer loans (42%), home mtgs (35%), other (23%)
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
115 Mecaw Road
Hampden, ME 04444
Hampden, ME 04444
Phone Number
(207) 945-6264
NCUA Charter Number
Largest Competitors
South Portland, ME
Hampden, ME
Augusta, ME
Scarborough, ME
Portland, ME