Vitals
  • Total Assets
    597.2M 7.5 %
  • Total Deposits
    440.2M 8.2 %
  • Total Net Loans
    357.4M 5.4 %
  • Net Income
    2.8M -11.7 %
  • Book Value
    132.5M 4.7 %
  • Book Value x2
    265.0M 4.7 %
  • Book Value x3
    397.6M 4.7 %
ROAA

.525

ROAE

2.161

Efficiency Ratio

75.603

Net Interest Margin

2.747

Balance Sheet Highlights
Financial Highlights Cape Ann Savings Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 597,214 761,274
Total Net Loans 357,408 592,852
Total Deposits 440,186 596,855
Total Equity 132,521 82,059
Profitability
Net Income 2,802 4,648
Return on Average Assets .525 .538
Return on Average Equity 2.161 4.944
Net Interest Margin 2.747 3.143
Efficiency Ratio 75.603 77.098
Noninterest Income/Revenue 14.41 14.538
Balance Sheet Ratios
Loan-to-Deposit 81.195 95.714
Securities/Assets .226 .124
Total Equity/Total Assets .222 .108
Tangible Equity/Tangible Assets .219 .106
Capital Adequacy
Tier 1 Common Capital 105,763 80,540
Tier 1 Capital 105,763 80,580
Tier 2 Capital 23,873 5,839
Total Capital 129,636 86,408
Total Risk Weighted Assets 358,825 559,688
Leverage Ratio 19.28 10.827
Common Equity Tier 1 Capital Ratio 29.47 15.478
Tier 1 Capital Ratio 29.47 15.53
Total Capital Ratio 36.13 16.563

Timeline for Cape Ann Savings Bank

Granite Savings Bank

Acquisition: Cape Ann Savings Bank acquired a new subsidiary, Granite Savings Bank, 9 years

View Profile Jan 17 2015

Cape Ann Savings Bank

Cape Ann Savings Bank was established 178 years ago and is currently headquartered in Gloucester, MA.

Apr 15 1846
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Granite Savings Bank Seller 64,975 Acquisition Discontinued 1/17/2015
Relationships Role Relationship Start Relationship End
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