Vitals
  • Total Assets
    998.8M 4.0 %
  • Total Deposits
    695.4M 6.8 %
  • Total Net Loans
    681.5M 6.5 %
  • Net Income
  • Book Value
    99.5M 0.1 %
  • Book Value x2
    198.9M 0.1 %
  • Book Value x3
    298.4M 0.1 %
ROAA

ROAE

Efficiency Ratio

103.327

Net Interest Margin

3.065

Balance Sheet Highlights
Financial Highlights Benjamin Franklin Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 998,769 456,808
Total Net Loans 681,451 311,238
Total Deposits 695,410 344,340
Total Equity 99,470 43,319
Profitability
Net Income — 662
Return on Average Assets — .444
Return on Average Equity — 4.684
Net Interest Margin 3.065 3.097
Efficiency Ratio 103.327 81.524
Noninterest Income/Revenue 9.374 10.212
Balance Sheet Ratios
Loan-to-Deposit 97.993 90.315
Securities/Assets .176 .259
Total Equity/Total Assets .1 .095
Tangible Equity/Tangible Assets .064 .052
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 62,865 42,906
Tier 2 Capital 8,924 2,972
Total Capital 71,789 45,908
Total Risk Weighted Assets 712,905 302,346
Leverage Ratio 6.61 9.517
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.82 14.903
Total Capital Ratio 10.07 15.9

Timeline for Benjamin Franklin Bank

Rockland Trust Company

Benjamin Franklin Bank was acquired by Rockland Trust Company 14 years

View Profile May 09 2009

Independent Bank Corp.

Independent Bank Corp. became a new parent organization for Benjamin Franklin Bank.

View Profile Apr 11 2009

Benjamin Franklin Securities Corporation Ii

Benjamin Franklin Securities Corporation Ii became a new subsidiary organization for Benjamin Franklin Bank.

View Profile Jun 01 2007

Chart Bank, A Cooperative Bank

Acquisition: Benjamin Franklin Bank acquired a new subsidiary, Chart Bank, A Cooperative Bank, 19 years

View Profile Apr 05 2005

Creative Strategic Solutions, Inc

Creative Strategic Solutions, Inc became a new subsidiary organization for Benjamin Franklin Bank.

View Profile Apr 04 2005

Want to see more?

Complete timeline for Benjamin Franklin Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Rockland Trust Company Buyer 7,499,637 Pooling of Interests Discontinued 5/9/2009
Chart Bank, A Cooperative Bank Seller 260,851 Acquisition Discontinued 4/5/2005
The Foxboro National Bank Of Foxborough Seller 70,402 Acquisition Discontinued 3/21/1998
Relationships Role Relationship Start Relationship End
Independent Bank Corp. Parent 4/11/2009 5/8/2009
Benjamin Franklin Bancorp, Inc. Parent 1/18/1996 4/10/2009
Benjamin Franklin Securities Corp. Subsidary 6/30/2007 5/8/2009
Benjamin Franklin Securities Corporation Ii Subsidary 6/30/2007 5/8/2009
Creative Strategic Solutions, Inc Subsidary 6/30/2007 3/19/2009
Benjamin Franklin Securities Corp. Subsidary 1/18/1996 6/29/2007
Creative Strategic Solutions, Inc Subsidary 4/4/2005 6/29/2007
Benjamin Franklin Securities Corporation Ii Subsidary 6/1/2007 6/29/2007
Fnb Securities, Inc. Subsidary 3/20/1998 5/28/1998
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