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

  • Natick Federal Savings Bank in Natick, Massachusetts (MA)
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Natick Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28373
    Status: Active
    Federal Reserve ID: 99871
    Date Established: January 01, 1886
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 1463
    FDIC's unique #: 41207
    Numeric code: 34
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 10, 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: 49 Main St, Natick, MA 1760
    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 Primary Regulatory Agency
  • Financial Summary
  • Total assets: $155.6 mil
    Equity capital: $14.4 mil
    Deposits held in domestic offices: $136.3 mil
    Return on assets (ROA): -0.05% (-$0.1 mil)
    Quarterly return on assets: 0.09% ($0.1 mil)
    Return on Equity (ROE): -0.53% (-$0.1 mil)
    Quarterly return on equity: 0.97% ($0.1 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.15% (-$233.4 mil)
    Quarterly Pretax return on assets: 0.05% ($77.8 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
  • 23Total employees (full-time equivalent)
  • $155,587Total assets
  • $42,226Cash and due from depository institutions
  • $41,045Interest-bearing balances
  • $31,844Securities
  • $1,966Federal funds sold & reverse repurchase agreements
  • $68,305Net loans & leases
  • $160Loan loss allowance
  • $0Trading account assets
  • $2,425Bank premises and fixed assets
  • $252Other real estate owned
  • $0Goodwill and other intangibles
  • $155,587Life insurance assets
  • $8,569All other assets
  • $141,219Total liabilities and capital
  • $136,350Total liabilities
  • $136,023Total deposits
  • $136,350Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,928Trading liabilities
  • $0Other borrowed funds
  • $1,941Subordinated debt
  • $14,368All other liabilities
  • $14,368Total equity capital
  • $14,368Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $14,368Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,703Income earned, not collected on loans
  • $0Earning assets
  • $374Long-term assets (5+ years)
  • $143,160Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $157,746Volatile liabilities
  • $156,128Insider loans
  • $67,284FHLB advances
  • $154,969Loans and leases held for sale
  • $5,607Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,802Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,731Restructured Loans and leases
  • $113Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,847Total interest income
  • $1,622Total interest expense
  • $3,225Net interest income
  • $141Provision for loan and lease losses
  • $302Total noninterest income
  • $0Fiduciary activities
  • $66Service charges on deposit accounts
  • $0Trading account gains & fees
  • $236Additional noninterest income
  • $3,628Total noninterest expense
  • $2,451Salaries and employee benefits
  • $605Premises and equipment expense
  • $572Additional noninterest expense
  • -$242Pre-tax net operating income
  • $0Securities gains (losses)
  • -$166Applicable income taxes
  • -$76Income before extraordinary items
  • $0Extraordinary gains - net
  • -$76Net income attributable to bank
  • $0Net charge-offs
  • -$76Cash dividends
  • $119Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.33%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 2.22%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • -0.05%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.15%Pretax return on assets
  • -0.53%Return on equity (ROE)
  • -0.53%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 118.49%Credit loss provision to net charge-offs
  • -0.85%Efficiency ratio
  • 102,864Assets per employee
  • 6.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.23%Loss allowance to noncurrent loans
  • 9.40%Noncurrent assets plus other real estate owned to assets
  • 1.26%Noncurrent loans to loans
  • 2.49%Net loans and leases to deposits
  • 50.10%Net loans and leases to core deposits
  • 50.72%Equity capital to assets
  • 9.23%Core capital (leverage) ratio
  • 8.91%Tier 1 risk-based capital ratio
  • 20.51%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $157,746Average earning assets
  • $14,441Average equity
  • $145,567Average loans

List of branches

  • 1 Massachusetts Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041207Natick Federal Savings Bank49 Main St, Natick, MA 1760January 01, 1886Full Service Brick and Mortar

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