Pentucket Bank in Haverhill, Massachusetts (MA), NH
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Pentucket Bank in Haverhill, Massachusetts (MA), NH
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Pentucket Bank - Overview

  • General
  • FDIC Certificate #: 90208
    Status: Active
    Federal Reserve ID: 635907
    Date Established: January 01, 1891
    WWW: http://www.pentucketbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: Yes)
    FDIC's unique #: 17799
    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: Commercial Lending Specialization
    Date of Deposit Insurance: October 08, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: One Merrimack Street, Haverhill, MA 1830
    County: Essex
    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): Lawrence, MA-NH (#4160)
    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: Peabody, MA (#37764)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $642.8 mil
    Equity capital: $64.4 mil
    Deposits held in domestic offices: $550.1 mil
    Return on assets (ROA): 0.50% ($3.2 mil)
    Quarterly return on assets: 0.36% ($2.3 mil)
    Return on Equity (ROE): 4.95% ($3.2 mil)
    Quarterly return on equity: 3.59% ($2.3 mil)
    Net income: $3.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.72% ($4,627.9 mil)
    Quarterly Pretax return on assets: 0.43% ($2,763.9 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
  • 112Total employees (full-time equivalent)
  • $642,768Total assets
  • $30,276Cash and due from depository institutions
  • $22,245Interest-bearing balances
  • $136,817Securities
  • $9,686Federal funds sold & reverse repurchase agreements
  • $428,847Net loans & leases
  • $3,347Loan loss allowance
  • $0Trading account assets
  • $11,401Bank premises and fixed assets
  • $1,737Other real estate owned
  • $0Goodwill and other intangibles
  • $642,768Life insurance assets
  • $24,004All other assets
  • $578,348Total liabilities and capital
  • $550,145Total liabilities
  • $492,468Total deposits
  • $550,145Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 17023.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,863Trading liabilities
  • $0Other borrowed funds
  • $8,317Subordinated debt
  • $64,420All other liabilities
  • $64,420Total equity capital
  • $64,420Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $64,136Surplus
  • $284Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,885Income earned, not collected on loans
  • $0Earning assets
  • $1,841Long-term assets (5+ years)
  • $597,595Average Assets, year-to-date
  • $285,117Average Assets, quarterly
  • $633,784Volatile liabilities
  • $646,398Insider loans
  • $427,013FHLB advances
  • $644,569Loans and leases held for sale
  • $13,112Unused loan commitments
  • $13,112Tier 1 (core) risk-based capital
  • $63,546Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $51,906Restructured Loans and leases
  • $9,969Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,087Total interest income
  • $7,790Total interest expense
  • $19,297Net interest income
  • $1,490Provision for loan and lease losses
  • $2,380Total noninterest income
  • $0Fiduciary activities
  • $1,025Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,355Additional noninterest income
  • $17,612Total noninterest expense
  • $10,014Salaries and employee benefits
  • $2,032Premises and equipment expense
  • $5,566Additional noninterest expense
  • $2,575Pre-tax net operating income
  • $2,007Securities gains (losses)
  • $1,432Applicable income taxes
  • $3,150Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,150Net income attributable to bank
  • $0Net charge-offs
  • $3,150Cash dividends
  • $2,146Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 3.25%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.72%Pretax return on assets
  • 4.95%Return on equity (ROE)
  • 4.95%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 69.43%Credit loss provision to net charge-offs
  • 1.89%Efficiency ratio
  • 81,247Assets per employee
  • 5.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 86.15%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 0.90%Net loans and leases to deposits
  • 77.95%Net loans and leases to core deposits
  • 96.20%Equity capital to assets
  • 10.02%Core capital (leverage) ratio
  • 9.86%Tier 1 risk-based capital ratio
  • 14.88%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $633,784Average earning assets
  • $63,590Average equity
  • $593,457Average loans

List of branches

  • 3 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017799Pentucket BankOne Merrimack Street, Haverhill, MA 1830January 01, 1891Full Service Brick and Mortar
    2291173Lowell Avenue Branch395 Lowell Avenue, Haverhill, MA 1830August 22, 1974Full Service Brick and Mortar
    3291174Stadium Branch120 Lincoln Avenue, Haverhill, MA 1830September 01, 1986Full Service Brick and Mortar
  • 2 New Hampshire Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6455428Hampstead Nh Branch201 Route 111, Hampstead, NH 3841October 02, 2006Full Service Brick and Mortar
    7457523Salem Nh Branch234 North Broadway, Salem, NH 3079December 04, 2006Full Service Brick and Mortar

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