Foxboro Federal Savings in Foxboro, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Foxboro Federal Savings in Foxboro, Massachusetts (MA)
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Foxboro Federal Savings - Overview

  • General
  • FDIC Certificate #: 27918
    Status: Active
    Federal Reserve ID: 652977
    Date Established: January 01, 1889
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 544
    FDIC's unique #: 40752
    Numeric code: 38
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: Febuary 08, 1937
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: One Central St, Foxboro, MA 2035
    County: Norfolk
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $140.5 mil
    Equity capital: $21.4 mil
    Deposits held in domestic offices: $118.4 mil
    Return on assets (ROA): 0.59% ($0.8 mil)
    Quarterly return on assets: 0.42% ($0.6 mil)
    Return on Equity (ROE): 3.94% ($0.8 mil)
    Quarterly return on equity: 2.80% ($0.6 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.84% ($1,180.4 mil)
    Quarterly Pretax return on assets: 0.62% ($871.3 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
  • 22Total employees (full-time equivalent)
  • $140,525Total assets
  • $17,699Cash and due from depository institutions
  • $16,738Interest-bearing balances
  • $39,747Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $77,021Net loans & leases
  • $1,008Loan loss allowance
  • $0Trading account assets
  • $537Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $140,525Life insurance assets
  • $5,521All other assets
  • $119,102Total liabilities and capital
  • $118,446Total liabilities
  • $112,873Total deposits
  • $118,446Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $656Subordinated debt
  • $21,423All other liabilities
  • $21,423Total equity capital
  • $21,423Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $21,423Undivided 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
  • $521Long-term assets (5+ years)
  • $133,506Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $138,932Volatile liabilities
  • $140,329Insider loans
  • $72,091FHLB advances
  • $140,121Loans and leases held for sale
  • $3,444Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,040Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,724Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,516Total interest income
  • $718Total interest expense
  • $3,798Net interest income
  • -$485Provision for loan and lease losses
  • $1,132Total noninterest income
  • $0Fiduciary activities
  • $342Service charges on deposit accounts
  • $0Trading account gains & fees
  • $790Additional noninterest income
  • $3,758Total noninterest expense
  • $2,065Salaries and employee benefits
  • $750Premises and equipment expense
  • $943Additional noninterest expense
  • $1,657Pre-tax net operating income
  • -$484Securities gains (losses)
  • $350Applicable income taxes
  • $823Income before extraordinary items
  • $0Extraordinary gains - net
  • $823Net income attributable to bank
  • $0Net charge-offs
  • $823Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.42%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 2.87%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 2.84%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 3.94%Return on equity (ROE)
  • 3.94%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
  • 76,227Assets per employee
  • 6.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.29%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
  • 65.03%Net loans and leases to core deposits
  • 68.00%Equity capital to assets
  • 15.24%Core capital (leverage) ratio
  • 15.02%Tier 1 risk-based capital ratio
  • 29.19%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $138,932Average earning assets
  • $20,887Average equity
  • $132,146Average loans

List of branches

  • 3 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040752Foxboro Federal SavingsOne Central St, Foxboro, MA 2035January 01, 1889Full Service Brick and Mortar
    1264106Main St Branch160 Main Street, Norfolk, MA 2056January 01, 1889Full Service Brick and Mortar
    2264107South Street Branch129 South Street, Plainville, MA 2762June 30, 1996Full Service Brick and Mortar

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