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

Marlborough Savings Bank - Overview

  • General
  • FDIC Certificate #: 90235
    Status: Active
    Federal Reserve ID: 818401
    Bank Holding Company (Regulatory Top Holder): Marlborough Bancshares Mhc (RSSDID: 3469354, Location: Marlborough, MA)
    Date Established: April 03, 1860
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 16539
    FDIC's unique #: 17825
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: November 15, 1985
    Last Structure Change Effective Date: September 13, 2010
    Last Structure Change Process Date: October 21, 2010
    Last Data Update: October 21, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 81 Granger Boulevard, Marlborough, MA 1752
    County: Middlesex
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: North 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: Cambridge-Newton-Framingham, MA (#15764)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $446.2 mil
    Equity capital: $43.4 mil
    Deposits held in domestic offices: $367.7 mil
    Return on assets (ROA): 0.65% ($2.9 mil)
    Quarterly return on assets: 0.50% ($2.2 mil)
    Return on Equity (ROE): 6.49% ($2.8 mil)
    Quarterly return on equity: 5.00% ($2.1 mil)
    Net income: $2.8 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.95% ($4,238.4 mil)
    Quarterly Pretax return on assets: 0.65% ($2,900.0 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
  • 75Total employees (full-time equivalent)
  • $446,152Total assets
  • $68,336Cash and due from depository institutions
  • $62,989Interest-bearing balances
  • $88,213Securities
  • $19,301Federal funds sold & reverse repurchase agreements
  • $248,549Net loans & leases
  • $2,954Loan loss allowance
  • $0Trading account assets
  • $5,885Bank premises and fixed assets
  • $693Other real estate owned
  • $48Goodwill and other intangibles
  • $446,152Life insurance assets
  • $15,127All other assets
  • $402,793Total liabilities and capital
  • $367,651Total liabilities
  • $332,545Total deposits
  • $367,651Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 14625.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,000Trading liabilities
  • $0Other borrowed funds
  • $6,517Subordinated debt
  • $43,359All other liabilities
  • $43,359Total equity capital
  • $43,359Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $0Surplus
  • $43,349Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,232Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,173Income earned, not collected on loans
  • $0Earning assets
  • $1,438Long-term assets (5+ years)
  • $419,052Average Assets, year-to-date
  • $186,327Average Assets, quarterly
  • $439,931Volatile liabilities
  • $441,598Insider loans
  • $249,327FHLB advances
  • $436,538Loans and leases held for sale
  • $9,079Unused loan commitments
  • $9,079Tier 1 (core) risk-based capital
  • $44,411Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,787Restructured Loans and leases
  • $275Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,388Total interest income
  • $3,572Total interest expense
  • $13,816Net interest income
  • $620Provision for loan and lease losses
  • $1,192Total noninterest income
  • $0Fiduciary activities
  • $396Service charges on deposit accounts
  • -$161Trading account gains & fees
  • $957Additional noninterest income
  • $10,513Total noninterest expense
  • $6,066Salaries and employee benefits
  • $1,347Premises and equipment expense
  • $3,100Additional noninterest expense
  • $3,875Pre-tax net operating income
  • $303Securities gains (losses)
  • $1,339Applicable income taxes
  • $2,839Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,839Net income attributable to bank
  • $0Net charge-offs
  • $2,839Cash dividends
  • $60Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.35%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 6.49%Return on equity (ROE)
  • 6.49%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1033.33%Credit loss provision to net charge-offs
  • 74.92%Efficiency ratio
  • 70,049Assets per employee
  • 5.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 70.79%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 1.66%Net loans and leases to deposits
  • 67.60%Net loans and leases to core deposits
  • 73.33%Equity capital to assets
  • 9.72%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 17.81%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $439,931Average earning assets
  • $43,718Average equity
  • $411,999Average loans

List of branches

  • 6 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017825Marlborough Savings Bank81 Granger Boulevard, Marlborough, MA 1752April 03, 1860Full Service Brick and Mortar
    2291313Boston Post Road Branch71 Boston Post Road, Marlborough, MA 1752September 27, 1971Full Service Brick and Mortar
    3291314Southborough Branch6 East Main Street, Southborough, MA 1772June 20, 1978Full Service Brick and Mortar
    4291315Northborough Branch101 West Main Street, Northborough, MA 1532May 31, 1996Full Service Brick and Mortar
    5291948Sudbury Branch439 Boston Post Road, Sudbury, MA 1776March 31, 2000Full Service Brick and Mortar
    6473496Westborough Branch21 East Main Street, Westborough, MA 1581March 17, 2008Full Service Brick and Mortar

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