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


  • North Brookfield Savings Bank in North Brookfield, Massachusetts (MA)
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North Brookfield Savings Bank - Overview

  • General
  • FDIC Certificate #: 90258
    Status: Active
    Federal Reserve ID: 528102
    Date Established: August 03, 1854
    WWW: http://www.banknbsb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12044
    FDIC's unique #: 17848
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: November 08, 1985
    Last Structure Change Effective Date: August 02, 2011
    Last Structure Change Process Date: August 31, 2011
    Last Data Update: August 31, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 9 Gilbert Street, North Brookfield, MA 1535
    County: Worcester
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Springfield Ma
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Worcester, MA-CT (#9240)
    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): Worcester, MA (#49340)
    CBSA Metro Statistical Area: Worcester, MA (#49340)
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $198.6 mil
    Equity capital: $26.4 mil
    Deposits held in domestic offices: $169.4 mil
    Return on assets (ROA): 0.62% ($1.2 mil)
    Quarterly return on assets: 0.40% ($0.8 mil)
    Return on Equity (ROE): 4.67% ($1.2 mil)
    Quarterly return on equity: 2.99% ($0.8 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.78% ($1,549.3 mil)
    Quarterly Pretax return on assets: 0.41% ($814.4 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
  • 50Total employees (full-time equivalent)
  • $198,632Total assets
  • $10,756Cash and due from depository institutions
  • $6,396Interest-bearing balances
  • $72,628Securities
  • $108Federal funds sold & reverse repurchase agreements
  • $99,695Net loans & leases
  • $993Loan loss allowance
  • $0Trading account assets
  • $4,408Bank premises and fixed assets
  • $828Other real estate owned
  • $39Goodwill and other intangibles
  • $198,632Life insurance assets
  • $10,170All other assets
  • $172,183Total liabilities and capital
  • $169,399Total liabilities
  • $160,631Total deposits
  • $169,399Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,784Subordinated debt
  • $26,449All other liabilities
  • $26,449Total equity capital
  • $26,449Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $27,056Surplus
  • $-607Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,934Income earned, not collected on loans
  • $0Earning assets
  • $780Long-term assets (5+ years)
  • $178,827Average Assets, year-to-date
  • $131,731Average Assets, quarterly
  • $195,695Volatile liabilities
  • $197,858Insider loans
  • $90,474FHLB advances
  • $197,105Loans and leases held for sale
  • $6,190Unused loan commitments
  • $6,190Tier 1 (core) risk-based capital
  • $26,870Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,076Restructured Loans and leases
  • $2,129Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,575Total interest income
  • $1,443Total interest expense
  • $6,132Net interest income
  • $347Provision for loan and lease losses
  • $1,445Total noninterest income
  • $0Fiduciary activities
  • $675Service charges on deposit accounts
  • $0Trading account gains & fees
  • $770Additional noninterest income
  • $5,706Total noninterest expense
  • $3,115Salaries and employee benefits
  • $697Premises and equipment expense
  • $1,894Additional noninterest expense
  • $1,524Pre-tax net operating income
  • $0Securities gains (losses)
  • $308Applicable income taxes
  • $1,216Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,216Net income attributable to bank
  • $0Net charge-offs
  • $1,216Cash dividends
  • $198Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.27%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.21%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 4.67%Return on equity (ROE)
  • 4.67%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 175.25%Credit loss provision to net charge-offs
  • 9.45%Efficiency ratio
  • 75,307Assets per employee
  • 3.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 51.34%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 1.92%Net loans and leases to deposits
  • 58.85%Net loans and leases to core deposits
  • 60.30%Equity capital to assets
  • 13.32%Core capital (leverage) ratio
  • 13.63%Tier 1 risk-based capital ratio
  • 29.70%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $195,695Average earning assets
  • $26,046Average equity
  • $177,540Average loans

List of branches

  • 4 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017848North Brookfield Savings Bank9 Gilbert Street, North Brookfield, MA 1535August 03, 1854Full Service Brick and Mortar
    1291388West Brookfield Branch128 West Main Street, West Brookfield, MA 1585June 10, 1989Full Service Brick and Mortar
    2357434Palmer Branch1051 Thorndike Street, Palmer, MA 1069October 01, 1999Full Service Brick and Mortar
    3428539Belchertown Branch4 Daniel Shays Highway, Belchertown, MA 1007May 25, 2004Full Service Brick and Mortar

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