UniBank for Savings in Whitinsville, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches


UniBank for Savings - Overview

  • General
  • FDIC Certificate #: 90290
    Status: Active
    Federal Reserve ID: 709602
    Bank Holding Company (Regulatory Top Holder): Ufs Bancorp (RSSDID: 2465519, Location: Whitinsville, MA)
    Date Established: June 03, 1870
    WWW: http://www.unibank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 12555
    FDIC's unique #: 17879
    Numeric code: 41
    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: September 10, 1985
    Last Structure Change Effective Date: March 03, 2008
    Last Structure Change Process Date: March 03, 2008
    Last Data Update: March 03, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 49 Church Street, Whitinsville, MA 1588
    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
    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 Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $1,263.1 mil
    Equity capital: $90.7 mil
    Deposits held in domestic offices: $1,151.5 mil
    Return on assets (ROA): 0.59% ($7.5 mil)
    Quarterly return on assets: 0.30% ($3.8 mil)
    Return on Equity (ROE): 8.09% ($7.4 mil)
    Quarterly return on equity: 4.02% ($3.7 mil)
    Net income: $7.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 0.93% ($11,747.0 mil)
    Quarterly Pretax return on assets: 0.44% ($5,557.7 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
  • 174Total employees (full-time equivalent)
  • $1,263,118Total assets
  • $136,115Cash and due from depository institutions
  • $130,692Interest-bearing balances
  • $459,200Securities
  • $742Federal funds sold & reverse repurchase agreements
  • $624,673Net loans & leases
  • $5,570Loan loss allowance
  • $0Trading account assets
  • $16,691Bank premises and fixed assets
  • $68Other real estate owned
  • $665Goodwill and other intangibles
  • $1,263,118Life insurance assets
  • $24,964All other assets
  • $1,172,400Total liabilities and capital
  • $1,151,452Total liabilities
  • $1,100,873Total deposits
  • $1,151,452Interest-bearing deposits
  • $47Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $20,948Subordinated debt
  • $90,718All other liabilities
  • $90,718Total equity capital
  • $90,718Total bank equity capital
  • $0Perpetual preferred stock
  • $13,740Common stock
  • $0Surplus
  • $76,978Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $674Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,579Income earned, not collected on loans
  • $0Earning assets
  • $3,642Long-term assets (5+ years)
  • $1,215,307Average Assets, year-to-date
  • $533,029Average Assets, quarterly
  • $1,176,873Volatile liabilities
  • $1,216,613Insider loans
  • $699,247FHLB advances
  • $1,143,752Loans and leases held for sale
  • $7,865Unused loan commitments
  • $7,865Tier 1 (core) risk-based capital
  • $87,990Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $129,595Restructured Loans and leases
  • $5,912Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $39,262Total interest income
  • $5,457Total interest expense
  • $33,805Net interest income
  • $1,275Provision for loan and lease losses
  • $7,631Total noninterest income
  • $0Fiduciary activities
  • $1,496Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,135Additional noninterest income
  • $29,258Total noninterest expense
  • $16,605Salaries and employee benefits
  • $4,205Premises and equipment expense
  • $8,448Additional noninterest expense
  • $10,903Pre-tax net operating income
  • $69Securities gains (losses)
  • $4,012Applicable income taxes
  • $6,960Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,960Net income attributable to bank
  • $0Net charge-offs
  • $6,960Cash dividends
  • $710Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.49%Yield on earning assets
  • 0.49%Cost of funding earning assets
  • 3.01%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 8.09%Return on equity (ROE)
  • 8.09%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 179.58%Credit loss provision to net charge-offs
  • 17.15%Efficiency ratio
  • 70,610Assets per employee
  • 7.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 121.64%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 54.25%Net loans and leases to core deposits
  • 56.03%Equity capital to assets
  • 7.18%Core capital (leverage) ratio
  • 7.69%Tier 1 risk-based capital ratio
  • 12.58%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,176,873Average earning assets
  • $86,063Average equity
  • $1,124,934Average loans

List of branches

  • 8 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017879Unibank For Savings49 Church Street, Whitinsville, MA 1588June 03, 1870Full Service Brick and Mortar
    1291508Douglas Branch4 Mechanic Street, East Douglas, MA 1516June 03, 1870Full Service Brick and Mortar
    2193766North Main Street Branch25 North Main Street, Uxbridge, MA 1569April 18, 1960Full Service Brick and Mortar
    4291564Blackstone Branch10 Cheney Street, Blackstone, MA 1504November 15, 1966Full Service Brick and Mortar
    5291509Upton Branch113 Main Street, Upton, MA 1568October 24, 1994Full Service Brick and Mortar
    7366337Sutton Branch156 Worcester/Providence Turnpike, Sutton, MA 1590Febuary 03, 2003Full Service Brick and Mortar
    8427036Whitinsville Plaza Branch1189 Providence Road, Whitinsville, MA 1588April 05, 2004Full Service Brick and Mortar
    9489398Milford Branch91 Prospect Street, Milford, MA 1757March 09, 2009Full Service Brick and Mortar

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