The Village Bank in Auburndale, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Village Bank - Overview

  • General
  • FDIC Certificate #: 26336
    Status: Active
    Federal Reserve ID: 173575
    Date Established: May 01, 1910
    WWW: http://www.village-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 5765
    FDIC's unique #: 32846
    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: August 12, 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: 307 Auburn Street, Auburndale, MA 2466
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $705.4 mil
    Equity capital: $82.2 mil
    Deposits held in domestic offices: $601.9 mil
    Return on assets (ROA): 0.56% ($3.9 mil)
    Quarterly return on assets: 0.47% ($3.3 mil)
    Return on Equity (ROE): 4.78% ($3.9 mil)
    Quarterly return on equity: 4.00% ($3.3 mil)
    Net income: $3.8 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 0.85% ($5,995.7 mil)
    Quarterly Pretax return on assets: 0.70% ($4,937.6 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
  • 103Total employees (full-time equivalent)
  • $705,377Total assets
  • $57,559Cash and due from depository institutions
  • $54,387Interest-bearing balances
  • $116,617Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $487,990Net loans & leases
  • $5,733Loan loss allowance
  • $0Trading account assets
  • $10,683Bank premises and fixed assets
  • $644Other real estate owned
  • $0Goodwill and other intangibles
  • $705,377Life insurance assets
  • $31,884All other assets
  • $623,151Total liabilities and capital
  • $601,880Total liabilities
  • $527,860Total deposits
  • $601,880Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,000Trading liabilities
  • $0Other borrowed funds
  • $5,271Subordinated debt
  • $82,226All other liabilities
  • $82,226Total equity capital
  • $82,226Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $82,226Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,326Income earned, not collected on loans
  • $0Earning assets
  • $1,980Long-term assets (5+ years)
  • $658,994Average Assets, year-to-date
  • $190,982Average Assets, quarterly
  • $685,201Volatile liabilities
  • $696,073Insider loans
  • $412,479FHLB advances
  • $690,725Loans and leases held for sale
  • $16,745Unused loan commitments
  • $16,745Tier 1 (core) risk-based capital
  • $82,381Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $81,843Restructured Loans and leases
  • $16,285Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,402Total interest income
  • $5,897Total interest expense
  • $21,505Net interest income
  • $1,655Provision for loan and lease losses
  • $2,074Total noninterest income
  • $0Fiduciary activities
  • $516Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,558Additional noninterest income
  • $16,090Total noninterest expense
  • $8,767Salaries and employee benefits
  • $1,816Premises and equipment expense
  • $5,507Additional noninterest expense
  • $5,834Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,992Applicable income taxes
  • $3,842Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,842Net income attributable to bank
  • $0Net charge-offs
  • $3,842Cash dividends
  • $1,780Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.28%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 4.78%Return on equity (ROE)
  • 4.78%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 92.98%Credit loss provision to net charge-offs
  • 4.21%Efficiency ratio
  • 68,239Assets per employee
  • 6.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 46.51%Noncurrent assets plus other real estate owned to assets
  • 1.84%Noncurrent loans to loans
  • 2.50%Net loans and leases to deposits
  • 81.08%Net loans and leases to core deposits
  • 87.37%Equity capital to assets
  • 11.66%Core capital (leverage) ratio
  • 11.93%Tier 1 risk-based capital ratio
  • 19.97%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $685,201Average earning assets
  • $80,302Average equity
  • $639,689Average loans

List of branches

  • 8 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032846The Village Bank307 Auburn Street, Auburndale, MA 2466May 01, 1910Full Service Brick and Mortar
    2259123Wayland Branch62 Boston Post Road, Wayland, MA 1778September 01, 1977Full Service Brick and Mortar
    3259124Newtonville Branch332 Walnut Street, Newtonville, MA 2460August 30, 1995Full Service Brick and Mortar
    4259125Waban Branch89 Wyman Street, Waban, MA 2468October 30, 1998Full Service Brick and Mortar
    5357499Lasell Village, Inc. Branch120 Seminary Avenue, Auburndale, MA 2466July 01, 2000Full Service Brick and Mortar
    633152Nonantum Branch411 Watertown Street, Newton, MA 2458January 01, 1913Full Service Brick and Mortar
    7259494Newton Highlands Branch56 Winchester Street, Newton Highlands, MA 2461September 01, 1913Full Service Brick and Mortar
    8484938West Newton Branch1365-1369 Washington Street, West Newton, MA 2465January 12, 2009Full Service Brick and Mortar

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