Boston Private Bank & Trust Company in Boston, Massachusetts (MA), CA, WA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Boston Private Bank & Trust Company in Boston, Massachusetts (MA), CA, WA
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Boston Private Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 24811
    Status: Active
    Federal Reserve ID: 964700
    Bank Holding Company (Regulatory Top Holder): Boston Private Financial Holdings, Inc. (RSSDID: 1248078, Location: Boston, MA)
    Date Established: November 21, 1983
    WWW: http://www.bostonprivatebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 24 (Domestic: 24, Interstate: Yes)
    OTS Docket #: 9312
    FDIC's unique #: 17209
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 21, 1983
    Last Structure Change Effective Date: May 27, 2011
    Last Structure Change Process Date: June 08, 2011
    Last Data Update: June 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: Ten Post Office Square, Boston, MA 2109
    County: Suffolk
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: South Boston
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Boston, MA-NH (#1120)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Boston-Quincy, MA (#14484)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Office Sold
  • Financial Summary
  • Total assets: $5,848.9 mil
    Equity capital: $504.9 mil
    Deposits held in domestic offices: $4,643.9 mil
    Return on assets (ROA): 0.69% ($40.4 mil)
    Quarterly return on assets: 0.91% ($53.2 mil)
    Return on Equity (ROE): 8.29% ($41.9 mil)
    Quarterly return on equity: 10.61% ($53.6 mil)
    Net income: $40.1 mil
    Quarterly Net income: $13.2 mil
    Pretax return on assets: 1.02% ($59,659.1 mil)
    Quarterly Pretax return on assets: 1.40% ($81,885.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 657Total employees (full-time equivalent)
  • $5,848,935Total assets
  • $188,102Cash and due from depository institutions
  • $116,137Interest-bearing balances
  • $843,958Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $4,564,714Net loans & leases
  • $96,114Loan loss allowance
  • $4,214Trading account assets
  • $23,665Bank premises and fixed assets
  • $5,103Other real estate owned
  • $2,643Goodwill and other intangibles
  • $5,848,935Life insurance assets
  • $216,536All other assets
  • $5,344,075Total liabilities and capital
  • $4,643,929Total liabilities
  • $3,520,345Total deposits
  • $4,643,929Interest-bearing deposits
  • $44Deposits held in domestic offices
  • 130791.00%% insured (estimated)
  • $4,373Federal funds purchased & repurchase agreements
  • $521,827Trading liabilities
  • $0Other borrowed funds
  • $43,155Subordinated debt
  • $504,860All other liabilities
  • $504,860Total equity capital
  • $504,860Total bank equity capital
  • $0Perpetual preferred stock
  • $21,899Common stock
  • $411,398Surplus
  • $71,563Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $12,069Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $68,141Income earned, not collected on loans
  • $201Earning assets
  • $16,874Long-term assets (5+ years)
  • $5,524,809Average Assets, year-to-date
  • $1,779,317Average Assets, quarterly
  • $5,849,098Volatile liabilities
  • $5,836,194Insider loans
  • $4,208,336FHLB advances
  • $5,881,984Loans and leases held for sale
  • $51,246Unused loan commitments
  • $16,218Tier 1 (core) risk-based capital
  • $485,481Tier 2 risk-based capital
  • $35,028Total risk weighted assets
  • $0Total unused commitments
  • $1,161,125Restructured Loans and leases
  • $9,509Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $230,284Total interest income
  • $43,549Total interest expense
  • $186,735Net interest income
  • $13,160Provision for loan and lease losses
  • $37,031Total noninterest income
  • $23,544Fiduciary activities
  • $2,039Service charges on deposit accounts
  • $29Trading account gains & fees
  • $11,419Additional noninterest income
  • $151,588Total noninterest expense
  • $87,982Salaries and employee benefits
  • $22,637Premises and equipment expense
  • $40,969Additional noninterest expense
  • $59,018Pre-tax net operating income
  • $800Securities gains (losses)
  • $19,697Applicable income taxes
  • $40,121Income before extraordinary items
  • $0Extraordinary gains - net
  • $40,121Net income attributable to bank
  • $0Net charge-offs
  • $40,121Cash dividends
  • $15,449Sale, conversion, retirement of capital stock, net
  • $7,400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 8.29%Return on equity (ROE)
  • 6.76%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 85.18%Credit loss provision to net charge-offs
  • 4.67%Efficiency ratio
  • 67,611Assets per employee
  • 8.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.44%Loss allowance to loans
  • 2.06%Loss allowance to noncurrent loans
  • 141.05%Noncurrent assets plus other real estate owned to assets
  • 1.25%Noncurrent loans to loans
  • 1.46%Net loans and leases to deposits
  • 98.29%Net loans and leases to core deposits
  • 112.04%Equity capital to assets
  • 8.63%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 11.54%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $5,849,098Average earning assets
  • $483,741Average equity
  • $5,536,385Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,439,899Managed Assets
  • 1Number of Accounts
  • $3,284,947Personal trust and agency accounts
  • $945,236Employee benefit-defined contribution accounts
  • $35,001Employee benefit-defined benefit accounts
  • $45,246Other retirement accounts
  • $239,211Corporate trust and agency accounts
  • $25,087Investment management agency accounts
  • $1,804,714Other fiduciary accounts
  • $190,452Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2985Number of Accounts
  • $0Personal trust and agency accounts
  • $239,211Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $154,952Other retirement accounts
  • $20,464Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $20,496Fiduciary accounts held in foreign offices

List of branches

  • 10 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1016178Bovet Road Branch160 Bovet Road, San Mateo, CA 94402April 02, 1980Full Service Brick and Mortar
    11365802Palo Alto Branch245 Lytton Avenue, Palo Alto, CA 94301October 07, 2002Full Service Brick and Mortar
    12429643San Francisco Branch433 California Street, San Francisco, CA 94111July 13, 2004Full Service Brick and Mortar
    13446175Los Altos Branch345 South San Antonio Road, Los Altos, CA 94022November 21, 2005Full Service Brick and Mortar
    14469582Burlingame Branch1440 Chapin Avenue, Burlingame, CA 94010December 03, 2007Full Service Brick and Mortar
    1917224Ventura Boulevard Branch16000 Ventura Boulevard, Encino, CA 91436December 10, 1983Full Service Brick and Mortar
    2032072Burbank Branch333 North Glenoaks Boulevard, Burbank, CA 91502December 21, 1984Full Service Brick and Mortar
    2157667Granada Hills Branch10820 Zelzah Avenue, Granada Hills, CA 91344October 02, 1997Full Service Brick and Mortar
    22290664Santa Monica Branch520 Broadway, Santa Monica, CA 90401October 15, 1998Full Service Brick and Mortar
    23365849Westlake Village Branch2835 Townsgate Road, Westlake Village, CA 91361January 16, 2003Full Service Brick and Mortar
  • 11 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017209Boston Private Bank & Trust CompanyTen Post Office Square, Boston, MA 2109November 21, 1983Full Service Brick and Mortar
    1257674Wellesley Branch336 Washington Street, Wellesley, MA 2481April 13, 1998Full Service Brick and Mortar
    2334339Back Bay Branch500 Boylston Street, Boston, MA 2116May 01, 2000Full Service Brick and Mortar
    3365016Kendall Square BranchOne Cambridge Center, Cambridge, MA 2142October 15, 2001Full Service Brick and Mortar
    4418998Center Street Newton Branch1223 - 1227 Centre Street, Newton, MA 2459August 01, 2002Full Service Brick and Mortar
    5425183Seaport Boulevard Branch157 Seaport Boulevard, Boston, MA 2210October 06, 2003Full Service Brick and Mortar
    6446177Lexington Branch1666 Massachusetts Avenue, Lexington, MA 2420December 05, 2005Full Service Brick and Mortar
    7452108Hingham Branch7 Central Street, Hingham, MA 2043June 26, 2006Full Service Brick and Mortar
    8463803Beverly Branch57 Enon Street, Beverly, MA 1915May 21, 2007Full Service Brick and Mortar
    9519095Brookline Branch1295a Beacon Street, Brookline, MA 2446April 29, 2011Full Service Brick and Mortar
    24522161Prudential Center Branch111 Huntington Avenue, Boston, MA 2199August 15, 2011Full Service Brick and Mortar
  • 3 Washington Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1560846Northeast Fourth Street Branch10885 N.E. 4th Street, Suite 100, Bellevue, WA 98004January 26, 1998Full Service Brick and Mortar
    16359845Redmond15600 Redmond Way, Suite 100, Redmond, WA 98052April 24, 2000Full Service Brick and Mortar
    18427744Union Square Branch601 Union Avenue, Suite 3030, Seattle, WA 98101April 05, 2004Full Service Brick and Mortar

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