Salem Five Cents Savings Bank
Salem, MA — State Savings Bank
-
Total Assets4.1B 7.1 %
-
Total Deposits3.1B 10.2 %
-
Total Net Loans3.0B 10.6 %
-
Net Income31.4M 17.2 %
-
Book Value435.6M 7.7 %
-
Book Value x2871.3M 7.7 %
-
Book Value x31.3B 7.7 %
Financial Highlights | Salem Five Cents Savings Bank | All Insured Savings Banks in Massachusetts |
Balance Sheet $(000) | ||
Total Assets | 4,116,265 | 761,274 |
Total Net Loans | 2,983,372 | 592,852 |
Total Deposits | 3,089,902 | 596,855 |
Total Equity | 435,635 | 82,059 |
Profitability | ||
Net Income | 31,424 | 4,648 |
Return on Average Assets | .802 | .538 |
Return on Average Equity | 7.49 | 4.944 |
Net Interest Margin | 2.831 | 3.143 |
Efficiency Ratio | 63.51 | 77.098 |
Noninterest Income/Revenue | 21.982 | 14.538 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 96.552 | 95.714 |
Securities/Assets | .228 | .124 |
Total Equity/Total Assets | .106 | .108 |
Tangible Equity/Tangible Assets | .098 | .106 |
Capital Adequacy | ||
Tier 1 Common Capital | 421,442 | 80,540 |
Tier 1 Capital | 421,442 | 80,580 |
Tier 2 Capital | 26,825 | 5,839 |
Total Capital | 448,267 | 86,408 |
Total Risk Weighted Assets | 2,881,713 | 559,688 |
Leverage Ratio | 10.39 | 10.827 |
Common Equity Tier 1 Capital Ratio | 14.62 | 15.478 |
Tier 1 Capital Ratio | 14.62 | 15.53 |
Total Capital Ratio | 15.56 | 16.563 |
Timeline for Salem Five Cents Savings Bank
Stoneham Savings Bank
Acquisition: Salem Five Cents Savings Bank acquired a new subsidiary, Stoneham Savings Bank, 10 years
View Profile Nov 24 2013Stoneham Security Corporation
Stoneham Security Corporation became a new subsidiary organization for Salem Five Cents Savings Bank.
View Profile Nov 24 2013New England Heritage Property Corporation
New England Heritage Property Corporation became a new subsidiary organization for Salem Five Cents Savings Bank.
View Profile Nov 24 2013Court Street Llc
Court Street Llc became a new subsidiary organization for Salem Five Cents Savings Bank.
View Profile Sep 10 2012167-169 Onset, Llc
167-169 Onset, Llc became a new subsidiary organization for Salem Five Cents Savings Bank.
View Profile Jun 09 2008Want to see more?
Complete timeline for Salem Five Cents Savings Bank is available.
View Complete TimelineAcquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Stoneham Savings Bank | Seller | 328,381 | Pooling of Interests | Discontinued | 11/24/2013 |
Heritage Co-Operative Bank | Seller | 270,815 | Acquisition | Discontinued | 2/11/2006 |
Relationships | Role | Relationship Start | Relationship End |
Salem Five Bancorp | Parent | 2/10/2006 | |
Salem Investment Corporation I | Subsidary | 2/10/2006 | |
Salem Investment Corporation Ii | Subsidary | 2/10/2006 | |
Salem Five Mortgage Company Llc | Subsidary | 2/10/2006 | |
Salem Five Investment Services Llc | Subsidary | 2/10/2006 | |
Salem Five Insurance Holdings, Llc | Subsidary | 2/10/2006 | |
Salem Green Realty Comapny, Llc | Subsidary | 2/10/2006 | |
Cedar Hills, Llc | Subsidary | 10/2/2007 | |
Subsgrc, Llc | Subsidary | 2/6/2007 | |
Stoneham Security Corporation | Subsidary | 11/24/2013 | |
Court Street Llc | Subsidary | 9/10/2012 | |
New England Heritage Property Corporation | Subsidary | 11/24/2013 | 6/2/2014 |
63-65 West Main Street, Llc | Subsidary | 11/15/2007 | 6/13/2013 |
167-169 Onset, Llc | Subsidary | 6/9/2008 | 6/13/2013 |
Kinsman Ventures, Inc. | Subsidary | 2/10/2006 | 11/22/2006 |
Organization | City | State | Total Assets |
---|---|---|---|
Oritani Bank
|
Township Of Washington | NJ | 3.8B |
Nexbank, Ssb
|
Dallas | TX | 4.0B |
Bangor Savings Bank
|
Bangor | ME | 3.6B |
Cambridge Savings Bank
|
Cambridge | MA | 3.5B |
Liberty Bank
|
Middletown | CT | 4.5B |
Middlesex Savings Bank
|
Natick | MA | 4.4B |
Firstrust Savings Bank
|
Conshohocken | PA | 3.0B |
The Cape Cod Five Cents Savings Bank
|
Harwich Port | MA | 3.0B |
Tbk Bank, Ssb
|
Dallas | TX | 2.5B |
Beal Bank, Ssb
|
Plano | TX | 2.4B |