FDIC Certificate #: 90198 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:TD Bank, National Association (#18409) Federal Reserve ID: 192606 Date Established: April 16, 1855 WWW:http://www.foxborobank.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 8430 FDIC's unique #: 17789 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: November 19, 1985 Last Structure Change Effective Date: April 30, 2004 Last Structure Change Process Date: May 21, 2004 Last Data Update: May 21, 2004 Data Source Date: April 05, 2012
Location
Address: 54 Central Street, 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)
Financial Summary
Total assets: $249.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
52Total employees (full-time equivalent)
$248,939Total assets
$10,224Cash and due from depository institutions
$4,854Interest-bearing balances
$67,966Securities
$2,456Federal funds sold & reverse repurchase agreements
$158,998Net loans & leases
$937Loan loss allowance
$0Trading account assets
$1,787Bank premises and fixed assets
$0Other real estate owned
$146Goodwill and other intangibles
$0Life insurance assets
$7,362All other assets
$248,939Total liabilities and capital
$221,340Total liabilities
$215,150Total deposits
$197,315Interest-bearing deposits
$215,150Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$2,190All other liabilities
$27,599Total equity capital
$27,599Total bank equity capital
$27,599Perpetual preferred stock
$0Common stock
$889Surplus
$2,270Undivided profits
Memoranda
$24,440Noncurrent loans and leases
$23,053Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$13Earning assets
$0Long-term assets (5+ years)
$1,342Average Assets, year-to-date
$234,274Average Assets, quarterly
$153,375Volatile liabilities
$235,641Insider loans
$248,901FHLB advances
$38,421Loans and leases held for sale
$1,685Unused loan commitments
$4,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,053Total unused commitments
$0Restructured Loans and leases
$937Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$13,701Total interest income
$2,864Total interest expense
$10,837Net interest income
$45Provision for loan and lease losses
$1,537Total noninterest income
$0Fiduciary activities
$352Service charges on deposit accounts
$0Trading account gains & fees
$1,185Additional noninterest income
$9,135Total noninterest expense
$6,581Salaries and employee benefits
$563Premises and equipment expense
$1,991Additional noninterest expense
$3,194Pre-tax net operating income
$417Securities gains (losses)
$2,046Applicable income taxes
$1,565Income before extraordinary items
$0Extraordinary gains - net
$1,565Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$17Sale, conversion, retirement of capital stock, net
$2,004Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.14%Yield on earning assets
1.28%Cost of funding earning assets
4.85%Net interest margin
0.69%Noninterest income to earning assets
4.09%Noninterest expense to earning assets
0.55%Net operating income to assets
0.66%Return on assets (ROA)
1.53%Pretax return on assets
5.40%Return on equity (ROE)
-1.52%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
264.71%Credit loss provision to net charge-offs
190.53%Efficiency ratio
73,824Assets per employee
4.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
128.05%Loss allowance to loans
0.59%Loss allowance to noncurrent loans
7207.69%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
73.90%Net loans and leases to core deposits
87.98%Equity capital to assets
11.09%Core capital (leverage) ratio
11.05%Tier 1 risk-based capital ratio
19.92%Total risk-based capital ratio
Memoranda
$21Average assets
$235,641Average earning assets
$28,963Average equity
$223,232Average loans
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