UniBank for Savings in Whitinsville, Massachusetts (MA)



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UniBank for Savings routing number info

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UniBank for Savings
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal 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)
Total employees (full-time equivalent)174
Total assets$1,263,118
Cash and due from depository institutions$136,115
Interest-bearing balances$130,692
Securities$459,200
Federal funds sold & reverse repurchase agreements$742
Net loans & leases$624,673
Loan loss allowance $5,570
Trading account assets$0
Bank premises and fixed assets$16,691
Other real estate owned$68
Goodwill and other intangibles$665
All other assets$24,964
Life insurance assets$1,263,118
Total liabilities and capital$1,172,400
Total liabilities$1,151,452
Total deposits$1,100,873
Interest-bearing deposits$1,151,452
Deposits held in domestic offices$47
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $20,948
All other liabilities $90,718
Total equity capital$90,718
Total bank equity capital$90,718
Perpetual preferred stock$0
Common stock$13,740
Surplus$0
Undivided profits $76,978
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $674
Income earned, not collected on loans $4,579
Earning assets $0
Long-term assets (5+ years) $3,642
Average Assets, year-to-date $1,215,307
Average Assets, quarterly $533,029
Volatile liabilities $1,176,873
Insider loans $1,216,613
FHLB advances $699,247
Loans and leases held for sale $1,143,752
Unused loan commitments $7,865
Tier 1 (core) risk-based capital $7,865
Tier 2 risk-based capital $87,990
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $129,595
Derivatives$5,912
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $39,262
Total interest expense $5,457
Net interest income $33,805
Provision for loan and lease losses $1,275
Total noninterest income $7,631
Fiduciary activities $0
Service charges on deposit accounts $1,496
Trading account gains & fees $0
Additional noninterest income $6,135
Total noninterest expense $29,258
Salaries and employee benefits $16,605
Premises and equipment expense $4,205
Additional noninterest expense $8,448
Pre-tax net operating income $10,903
Securities gains (losses) $69
Applicable income taxes $4,012
Income before extraordinary items $6,960
Extraordinary gains - net $0
Net income attributable to bank $6,960
Net charge-offs $0
Cash dividends $6,960
Sale, conversion, retirement of capital stock, net $710
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.49%
Cost of funding earning assets 0.49%
Net interest margin 3.01%
Noninterest income to earning assets 0.68%
Noninterest expense to earning assets 2.60%
Net operating income to assets 0.59%
Return on assets (ROA) 0.59%
Pretax return on assets 0.93%
Return on equity (ROE) 8.09%
Retained earnings to average equity (YTD only) 8.09%
Net charge-offs to loans 0.12%
Credit loss provision to net charge-offs 179.58%
Efficiency ratio17.15%
Assets per employee$70,610
Cash dividends to net income (YTD only)7.26%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.88%
Noncurrent assets plus other real estate owned to assets 121.64%
Noncurrent loans to loans 0.37%
Net loans and leases to deposits0.73%
Net loans and leases to core deposits 54.25%
Equity capital to assets 56.03%
Core capital (leverage) ratio 7.18%
Tier 1 risk-based capital ratio 7.69%
Total risk-based capital ratio 12.58%
Memoranda
Average assets$13
Average earning assets$1,176,873
Average equity $86,063
Average loans $1,124,934
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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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