Fidelity Management Trust Company in Boston, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Fidelity Management Trust Company - Overview

  • General
  • FDIC Certificate #: 23468
    Status: Active
    Federal Reserve ID: 1001705
    Date Established: July 01, 1981
    WWW: http://www.fmtc.fidelity.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 16446
    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: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: July 01, 1981
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 82 Devonshire Street, 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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $95.3 mil
    Equity capital: $41.9 mil
    Deposits held in domestic offices: $50.5 mil
    Return on assets (ROA): 11.84% ($11.2 mil)
    Quarterly return on assets: 10.75% ($10.2 mil)
    Return on Equity (ROE): 27.17% ($11.4 mil)
    Quarterly return on equity: 23.99% ($10.1 mil)
    Net income: $11.8 mil
    Quarterly Net income: $2.7 mil
    Pretax return on assets: 12.07% ($11,507.5 mil)
    Quarterly Pretax return on assets: 10.93% ($10,420.7 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
  • 1Total employees (full-time equivalent)
  • $95,340Total assets
  • $0Cash and due from depository institutions
  • $0Interest-bearing balances
  • $68,369Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $95,340Life insurance assets
  • $26,971All other assets
  • $53,472Total liabilities and capital
  • $50,500Total liabilities
  • $50,500Total deposits
  • $50,500Interest-bearing deposits
  • $1Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,972Subordinated debt
  • $41,868All other liabilities
  • $41,868Total equity capital
  • $41,868Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $20,771Surplus
  • $20,097Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1Long-term assets (5+ years)
  • $68,369Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $99,768Volatile liabilities
  • $100,558Insider loans
  • $95,340FHLB advances
  • $101,839Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $41,868Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9Total interest income
  • $288Total interest expense
  • -$279Net interest income
  • $0Provision for loan and lease losses
  • $186,125Total noninterest income
  • $186,125Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $173,806Total noninterest expense
  • $399Salaries and employee benefits
  • $0Premises and equipment expense
  • $173,407Additional noninterest expense
  • $12,040Pre-tax net operating income
  • $0Securities gains (losses)
  • $229Applicable income taxes
  • $11,811Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,811Net income attributable to bank
  • $0Net charge-offs
  • $11,811Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $9,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.01%Yield on earning assets
  • 0.40%Cost of funding earning assets
  • -0.39%Net interest margin
  • 259.77%Noninterest income to earning assets
  • 242.57%Noninterest expense to earning assets
  • 11.84%Net operating income to assets
  • 11.84%Return on assets (ROA)
  • 12.07%Pretax return on assets
  • 27.17%Return on equity (ROE)
  • 6.24%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
  • 93,522Assets per employee
  • 95.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 77.05%Loss allowance to loans
  • 0.00%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
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 43.91%Core capital (leverage) ratio
  • 41.11%Tier 1 risk-based capital ratio
  • 43.91%Total risk-based capital ratio
  • Memoranda
  • $44Average assets
  • $99,768Average earning assets
  • $43,472Average equity
  • $71,651Average 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
  • $1,485,512,371Managed Assets
  • 1Number of Accounts
  • $52,177,714Personal trust and agency accounts
  • $100,195Employee benefit-defined contribution accounts
  • $52,077,519Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 9413913Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,433,334,657Other retirement accounts
  • $0Corporate trust and agency accounts
  • $725,007,625Other fiduciary accounts
  • $699,839,552Fiduciary accounts held in foreign offices

List of branches

  • 1 Massachusetts Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016446Fidelity Management Trust Company82 Devonshire Street, Boston, MA 2109July 01, 1981Full Service Brick and Mortar

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