Clinton Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Clinton Savings Bank in Clinton, Massachusetts (MA)
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Clinton Savings Bank routing number info

Clinton Savings Bank - Overview

General
FDIC Certificate #: 90181
Status: Active
Federal Reserve ID: 179700
Bank Holding Company (Regulatory Top Holder): Clinton Financial Services, Mhc (RSSDID: 3195756, Location: Clinton, MA)
Date Established: May 15, 1851
WWW: http://www.clintonsavings.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 8340
FDIC's unique #: 17772
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Mortgage Lending Specialization
Date of Deposit Insurance: November 20, 1985
Last Structure Change Effective Date: April 03, 2012
Last Structure Change Process Date: April 03, 2012
Last Data Update: April 03, 2012
Data Source Date: April 05, 2012
Location
Address: 200 Church Street, Clinton, MA 1510
County: Worcester
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Worcester, MA-CT (#9240)
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): Worcester, MA (#49340)
CBSA Metro Statistical Area: Worcester, MA (#49340)
Financial Summary
Total assets: $479.5 mil
Equity capital: $51.2 mil
Deposits held in domestic offices: $362.7 mil
Return on assets (ROA): 0.53% ($2.5 mil)
Quarterly return on assets: 0.84% ($4.0 mil)
Return on Equity (ROE): 5.21% ($2.7 mil)
Quarterly return on equity: 8.04% ($4.1 mil)
Net income: $2.6 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 0.60% ($2,877.1 mil)
Quarterly Pretax return on assets: 0.72% ($3,452.5 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
102Total employees (full-time equivalent)
$479,511Total assets
$19,542Cash and due from depository institutions
$15,461Interest-bearing balances
$104,499Securities
$0Federal funds sold & reverse repurchase agreements
$323,969Net loans & leases
$4,369Loan loss allowance
$0Trading account assets
$4,926Bank premises and fixed assets
$1,446Other real estate owned
$939Goodwill and other intangibles
$479,511Life insurance assets
$24,190All other assets
$428,301Total liabilities and capital
$362,714Total liabilities
$338,009Total deposits
$362,714Interest-bearing deposits
$93Deposits held in domestic offices
1490.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$61,652Trading liabilities
$0Other borrowed funds
$2,445Subordinated debt
$51,210All other liabilities
$51,210Total equity capital
$51,210Total bank equity capital
$0Perpetual preferred stock
$10Common stock
$48,782Surplus
$2,418Undivided profits
Memoranda
$0Noncurrent loans and leases
$9,969Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$19,311Income earned, not collected on loans
$35Earning assets
$1,392Long-term assets (5+ years)
$443,929Average Assets, year-to-date
$263,384Average Assets, quarterly
$484,931Volatile liabilities
$482,026Insider loans
$294,712FHLB advances
$479,006Loans and leases held for sale
$11,221Unused loan commitments
$11,221Tier 1 (core) risk-based capital
$49,482Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$40,736Restructured Loans and leases
$1,191Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$20,100Total interest income
$5,278Total interest expense
$14,822Net interest income
$960Provision for loan and lease losses
$1,902Total noninterest income
$0Fiduciary activities
$757Service charges on deposit accounts
$0Trading account gains & fees
$1,145Additional noninterest income
$13,666Total noninterest expense
$7,444Salaries and employee benefits
$1,587Premises and equipment expense
$4,635Additional noninterest expense
$2,098Pre-tax net operating income
$794Securities gains (losses)
$309Applicable income taxes
$2,583Income before extraordinary items
$0Extraordinary gains - net
$2,583Net income attributable to bank
$0Net charge-offs
$2,583Cash dividends
$1,182Sale, conversion, retirement of capital stock, net
$891Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.49%Yield on earning assets
1.18%Cost of funding earning assets
3.31%Net interest margin
0.42%Noninterest income to earning assets
3.05%Noninterest expense to earning assets
0.39%Net operating income to assets
0.53%Return on assets (ROA)
0.60%Pretax return on assets
5.21%Return on equity (ROE)
3.42%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
81.22%Credit loss provision to net charge-offs
2.59%Efficiency ratio
81,715Assets per employee
4.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.49%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
22.62%Noncurrent assets plus other real estate owned to assets
4.44%Noncurrent loans to loans
5.88%Net loans and leases to deposits
89.32%Net loans and leases to core deposits
94.45%Equity capital to assets
10.68%Core capital (leverage) ratio
10.33%Tier 1 risk-based capital ratio
16.79%Total risk-based capital ratio
Memoranda
$18Average assets
$484,931Average earning assets
$49,545Average equity
$448,044Average loans

List of branches

7 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	17772	Clinton Savings Bank	200 Church Street, Clinton, MA 1510	May 15, 1851	Full Service Brick and Mortar
1	291066	Bolton Branch	563 Main Street, Bolton, MA 1740	April 01, 1981	Full Service Brick and Mortar
2	291067	Sterling Branch	One Main Street, Sterling, MA 1564	May 07, 1979	Full Service Brick and Mortar
3	291068	Berlin Branch	35 Central Street, Berlin, MA 1503	May 14, 1984	Full Service Brick and Mortar
5	291070	Nashoba Regional High School Branch	563 Main St., Bolton, MA 1740	April 25, 1989	Limited Service Facility
6	357490	West Boylston Branch	231 West Boylston Street, West Boylston, MA 1583	August 07, 2000	Full Service Brick and Mortar
7	445277	Boylston Branch	81 D Shrewsbury Street, Boylston, MA 1505	October 18, 2005	Full Service Brick and Mortar

Clinton Savings Bank in Clinton, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Clinton Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Clinton Savings Bank in Clinton, Massachusetts (MA)Overview, Financial Summary, Detailed Financial Reports, Branches

Clinton Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Clinton Savings Bank in Clinton, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches