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

This bank is inactive as of January 01, 2010

  • East Bridgewater Savings Bank in East Bridgewater, Massachusetts (MA)
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East Bridgewater Savings Bank - Overview

  • General
  • FDIC Certificate #: 90187
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bridgewater Savings Bank (#90169)
    Federal Reserve ID: 182401
    Date Established: March 08, 1870
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 12797
    FDIC's unique #: 17778
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 20, 1985
    Last Structure Change Effective Date: January 01, 2010
    Last Structure Change Process Date: Febuary 03, 2010
    Last Data Update: Febuary 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 29 Bedford Street, East Bridgewater, MA 2333
    County: Plymouth
    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): Brockton, MA (#1200)
    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)
  • Financial Summary
  • Total assets: $139.6 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, 2009)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $139,566Total assets
  • $3,116Cash and due from depository institutions
  • $155Interest-bearing balances
  • $208Securities
  • $98,265Federal funds sold & reverse repurchase agreements
  • $32,142Net loans & leases
  • $366Loan loss allowance
  • $0Trading account assets
  • $1,287Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $1,535Life insurance assets
  • $4,548All other assets
  • $139,566Total liabilities and capital
  • $127,062Total liabilities
  • $86,894Total deposits
  • $77,760Interest-bearing deposits
  • $86,894Deposits held in domestic offices
  • 96.31%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $38,500Other borrowed funds
  • $0Subordinated debt
  • $1,668All other liabilities
  • $12,504Total equity capital
  • $12,504Total bank equity capital
  • $12,504Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $12,430Undivided profits
  • Memoranda
  • $74Noncurrent loans and leases
  • $2,851Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $96Average Assets, year-to-date
  • $130,770Average Assets, quarterly
  • $29,663Volatile liabilities
  • $137,460Insider loans
  • $138,960FHLB advances
  • $21,948Loans and leases held for sale
  • $777Unused loan commitments
  • $38,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,851Total unused commitments
  • $0Restructured Loans and leases
  • $366Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $5,262Total interest income
  • $2,698Total interest expense
  • $2,564Net interest income
  • $0Provision for loan and lease losses
  • $229Total noninterest income
  • $0Fiduciary activities
  • $94Service charges on deposit accounts
  • $0Trading account gains & fees
  • $135Additional noninterest income
  • $3,804Total noninterest expense
  • $2,117Salaries and employee benefits
  • $427Premises and equipment expense
  • $1,260Additional noninterest expense
  • -$1,011Pre-tax net operating income
  • $1,890Securities gains (losses)
  • $445Applicable income taxes
  • $434Income before extraordinary items
  • $0Extraordinary gains - net
  • $434Net income attributable to bank
  • $0Net charge-offs
  • $434Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.09%Yield on earning assets
  • 2.10%Cost of funding earning assets
  • 1.99%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • -0.56%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 3.65%Return on equity (ROE)
  • 3.65%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 136,198Assets per employee
  • 5.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 36.99%Net loans and leases to core deposits
  • 44.06%Equity capital to assets
  • 8.96%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 30.01%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $137,460Average earning assets
  • $11,877Average equity
  • $128,694Average loans

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