Fleet National Bank in Attleboro, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1996

  • Fleet National Bank in Attleboro, Massachusetts (MA)
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Fleet National Bank - Overview

  • General
  • FDIC Certificate #: 2085
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Fleet National Bank (#2499)
    Federal Reserve ID: 971801
    Date Established: January 01, 1791
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 53 (Interstate: No)
    OTS Docket #: 11747
    FDIC's unique #: 1377
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 01, 1996
    Last Structure Change Process Date: April 11, 1996
    Last Data Update: April 11, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 16 Park Street, Attleboro, MA 2703
    County: Bristol
    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): Providence-Fall River-Warwick, RI-MA (#6480)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Providence-New Bedford-Fall River, RI-MA (#39300)
    CBSA Metro Statistical Area: Providence-New Bedford-Fall River, RI-MA (#39300)
  • History of Changes
  • Merger - Without Assistance
    Corrections
    Change in Location
  • Financial Summary
  • Total assets: $9,558.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $2,973Total assets
  • $11,693,030Cash and due from depository institutions
  • $361,779Interest-bearing balances
  • $3,320Securities
  • $2,489,729Federal funds sold & reverse repurchase agreements
  • $153,076Net loans & leases
  • $8,066,756Loan loss allowance
  • $204,291Trading account assets
  • $0Bank premises and fixed assets
  • $67,926Other real estate owned
  • $23,663Goodwill and other intangibles
  • $386,390Life insurance assets
  • $143,711All other assets
  • $0Total liabilities and capital
  • $11,693,030Total liabilities
  • $10,934,398Total deposits
  • $6,325,118Interest-bearing deposits
  • $5,240,857Deposits held in domestic offices
  • 4826671.00%% insured (estimated)
  • $61Federal funds purchased & repurchase agreements
  • $2,526,300Trading liabilities
  • $0Other borrowed funds
  • $1,502,439Subordinated debt
  • $185,000All other liabilities
  • $395,541Total equity capital
  • $395,541Total bank equity capital
  • $758,632Perpetual preferred stock
  • $0Common stock
  • $16,190Surplus
  • $224,558Undivided profits
  • Memoranda
  • $517,884Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $70,778Income earned, not collected on loans
  • $35,219Earning assets
  • $10,712,881Long-term assets (5+ years)
  • $1,492,718Average Assets, year-to-date
  • $10,511,565Average Assets, quarterly
  • $11,139,729Volatile liabilities
  • $5,988,401Insider loans
  • $256,390FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,152,194Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $653,617Total risk weighted assets
  • $9,103,027Total unused commitments
  • $0Restructured Loans and leases
  • $14,164,549Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $734,020Total interest expense
  • $402,817Net interest income
  • $331,203Provision for loan and lease losses
  • -$11,953Total noninterest income
  • $296,094Fiduciary activities
  • $37,006Service charges on deposit accounts
  • $20,980Trading account gains & fees
  • $180Additional noninterest income
  • $237,928Total noninterest expense
  • $358,076Salaries and employee benefits
  • $150,604Premises and equipment expense
  • $33,011Additional noninterest expense
  • $174,461Pre-tax net operating income
  • $281,174Securities gains (losses)
  • $3,111Applicable income taxes
  • $109,173Income before extraordinary items
  • $175,112Extraordinary gains - net
  • $0Net income attributable to bank
  • $175,112Net charge-offs
  • $11,501Cash dividends
  • $146,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.72%Cost of funding earning assets
  • 4.24%Net interest margin
  • 3.48%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 3.77%Net operating income to assets
  • 1.65%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 2.70%Return on equity (ROE)
  • 23.78%Retained earnings to average equity (YTD only)
  • 3.95%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • -103.93%Efficiency ratio
  • 54,058Assets per employee
  • 3.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.38%Loss allowance to loans
  • 2.47%Loss allowance to noncurrent loans
  • 288.64%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 127.54%Net loans and leases to core deposits
  • 184.86%Equity capital to assets
  • 6.49%Core capital (leverage) ratio
  • 5.95%Tier 1 risk-based capital ratio
  • 7.18%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $10,511,565Average earning assets
  • $736,410Average equity
  • $9,508,174Average loans

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