Rollstone Bank & Trust in city_name, state_name - Detailed Financial Reports, Location

Rollstone Bank & Trust in Fitchburg, Massachusetts (MA)
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Rollstone Bank & Trust - Overview

General
FDIC Certificate #: 17797
Status: Active
Federal Reserve ID: 837608
Date Established: Febuary 12, 1846
WWW: http://www.rollstonebank.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 7 (Domestic: 7, Interstate: No)
OTS Docket #: 7794
FDIC's unique #: 11746
Numeric code: 33
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: Commercial Lending Specialization
Date of Deposit Insurance: August 29, 1957
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: 780 Main Street, Fitchburg, MA 1420
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): Fitchburg-Leominster, MA (#2600)
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
Financial Summary
Total assets: $532.9 mil
Equity capital: $51.2 mil
Deposits held in domestic offices: $299.5 mil
Return on assets (ROA): 0.56% ($3.0 mil)
Quarterly return on assets: 0.25% ($1.3 mil)
Return on Equity (ROE): 6.00% ($3.1 mil)
Quarterly return on equity: 2.64% ($1.3 mil)
Net income: $3.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.71% ($3,783.9 mil)
Quarterly Pretax return on assets: 0.23% ($1,225.8 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
107Total employees (full-time equivalent)
$532,942Total assets
$4,912Cash and due from depository institutions
$437Interest-bearing balances
$169,960Securities
$0Federal funds sold & reverse repurchase agreements
$323,868Net loans & leases
$4,382Loan loss allowance
$0Trading account assets
$8,770Bank premises and fixed assets
$1,141Other real estate owned
$0Goodwill and other intangibles
$532,942Life insurance assets
$24,291All other assets
$481,725Total liabilities and capital
$299,452Total liabilities
$254,019Total deposits
$299,452Interest-bearing deposits
$82Deposits held in domestic offices
82283.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$95,940Trading liabilities
$0Other borrowed funds
$4,050Subordinated debt
$51,217All other liabilities
$51,217Total equity capital
$51,217Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$51,217Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,130Income earned, not collected on loans
$0Earning assets
$1,839Long-term assets (5+ years)
$494,265Average Assets, year-to-date
$0Average Assets, quarterly
$530,359Volatile liabilities
$534,487Insider loans
$326,002FHLB advances
$531,158Loans and leases held for sale
$11,553Unused loan commitments
$0Tier 1 (core) risk-based capital
$49,433Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$67,785Restructured Loans and leases
$4,645Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,298Total interest income
$7,703Total interest expense
$14,595Net interest income
$1,355Provision for loan and lease losses
$2,188Total noninterest income
$0Fiduciary activities
$705Service charges on deposit accounts
$0Trading account gains & fees
$1,483Additional noninterest income
$13,546Total noninterest expense
$8,539Salaries and employee benefits
$2,171Premises and equipment expense
$2,836Additional noninterest expense
$1,882Pre-tax net operating income
$1,885Securities gains (losses)
$796Applicable income taxes
$2,971Income before extraordinary items
$0Extraordinary gains - net
$2,971Net income attributable to bank
$0Net charge-offs
$2,971Cash dividends
$1,356Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.53%Yield on earning assets
1.57%Cost of funding earning assets
2.97%Net interest margin
0.44%Noninterest income to earning assets
2.75%Noninterest expense to earning assets
0.28%Net operating income to assets
0.56%Return on assets (ROA)
0.71%Pretax return on assets
6.00%Return on equity (ROE)
6.00%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
99.93%Credit loss provision to net charge-offs
2.39%Efficiency ratio
80,713Assets per employee
4.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
71.48%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
1.87%Net loans and leases to deposits
108.15%Net loans and leases to core deposits
132.94%Equity capital to assets
9.61%Core capital (leverage) ratio
9.31%Tier 1 risk-based capital ratio
15.16%Total risk-based capital ratio
Memoranda
$14Average assets
$530,359Average earning assets
$49,479Average equity
$491,974Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$20,363Managed Assets
1Number of Accounts
$20,363Personal trust and agency accounts
$71Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$2,280Corporate trust and agency accounts
$843Investment management agency accounts
$10,742Other fiduciary accounts
$6,427Fiduciary accounts held in foreign offices
$0Non-managed Assets
30Number of Accounts
$0Personal trust and agency accounts
$2,280Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

7 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11746	Rollstone Bank & Trust	780 Main Street, Fitchburg, MA 1420	Febuary 12, 1846	Full Service Brick and Mortar
1	242803	Parkhill Plaza Branch	519 Electric Avenue, Fitchburg, MA 1420	November 21, 1956	Full Service Brick and Mortar
2	242804	Fitchgate Branch	John Fitch Highway, Fitchburg, MA 1420	March 07, 1962	Full Service Brick and Mortar
4	242806	Harvard Branch	Route 110 And Old Mill Road, Harvard, MA 1451	June 28, 1974	Full Service Brick and Mortar
6	242808	Townsend Branch	225 Main Street, Townsend, MA 1469	March 31, 1978	Full Service Brick and Mortar
8	242810	Leominster Branch	Mill Street, Leominster, MA 1453	March 16, 1995	Full Service Brick and Mortar
9	461742	Central Street Branch	721 Central Street, Leominster, MA 1453	October 01, 2003	Full Service Brick and Mortar

Rollstone Bank & Trust in Fitchburg, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Rollstone Bank & Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Rollstone Bank & Trust in Fitchburg, Massachusetts (MA)Overview, Financial Summary, Detailed Financial Reports, Branches

Rollstone Bank & Trust - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Rollstone Bank & Trust in Fitchburg, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches