Depositors Trust Company in Lexington, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 04, 1994

  • Depositors Trust Company in Lexington, Massachusetts (MA)
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Depositors Trust Company - Overview

  • General
  • FDIC Certificate #: 17307
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Co-operative Bank of Concord (#26515)
    Federal Reserve ID: 758301
    Date Established: Febuary 15, 1954
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 11320
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 15, 1954
    Last Structure Change Effective Date: June 04, 1994
    Last Structure Change Process Date: June 17, 1994
    Last Data Update: June 17, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 7 Hartwell Avenue, Lexington, MA 2173
    County: Middlesex
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: North 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: Cambridge-Newton-Framingham, MA (#15764)
  • Financial Summary
  • Total assets: $70.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $35Total assets
  • $72,220Cash and due from depository institutions
  • $1,791Interest-bearing balances
  • $0Securities
  • $25,337Federal funds sold & reverse repurchase agreements
  • $2,700Net loans & leases
  • $40,193Loan loss allowance
  • $1,624Trading account assets
  • $0Bank premises and fixed assets
  • $1,256Other real estate owned
  • $15Goodwill and other intangibles
  • $909Life insurance assets
  • $19All other assets
  • $0Total liabilities and capital
  • $72,220Total liabilities
  • $67,072Total deposits
  • $65,514Interest-bearing deposits
  • $52,416Deposits held in domestic offices
  • 65514.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,169Subordinated debt
  • $0All other liabilities
  • $389Total equity capital
  • $389Total bank equity capital
  • $5,148Perpetual preferred stock
  • $0Common stock
  • $2,940Surplus
  • $3,288Undivided profits
  • Memoranda
  • $-1,080Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,539Income earned, not collected on loans
  • $195Earning assets
  • $68,230Long-term assets (5+ years)
  • $9,150Average Assets, year-to-date
  • $70,707Average Assets, quarterly
  • $71,438Volatile liabilities
  • $2,746Insider loans
  • $2,485FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,358Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,148Total risk weighted assets
  • $40,646Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,843Total interest expense
  • $1,742Net interest income
  • $3,101Provision for loan and lease losses
  • $335Total noninterest income
  • $582Fiduciary activities
  • $0Service charges on deposit accounts
  • $332Trading account gains & fees
  • $0Additional noninterest income
  • $250Total noninterest expense
  • $2,905Salaries and employee benefits
  • $1,289Premises and equipment expense
  • $426Additional noninterest expense
  • $1,190Pre-tax net operating income
  • $443Securities gains (losses)
  • $7Applicable income taxes
  • $93Income before extraordinary items
  • $357Extraordinary gains - net
  • $285Net income attributable to bank
  • $642Net charge-offs
  • $54Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $2Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.34%Cost of funding earning assets
  • 2.64%Net interest margin
  • 4.70%Noninterest income to earning assets
  • 0.88%Noninterest expense to earning assets
  • 4.40%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 1.04%Return on equity (ROE)
  • 13.54%Retained earnings to average equity (YTD only)
  • 13.54%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 620.37%Efficiency ratio
  • 78,577Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.88%Loss allowance to noncurrent loans
  • 105.52%Noncurrent assets plus other real estate owned to assets
  • 2.15%Noncurrent loans to loans
  • 3.68%Net loans and leases to deposits
  • 61.35%Net loans and leases to core deposits
  • 62.86%Equity capital to assets
  • 7.13%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 12.67%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $70,707Average earning assets
  • $4,740Average equity
  • $65,987Average loans

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