Chelsea Bank
Chelsea, MA — Domestic Branch of a Domestic Bank
Acquired Mar 2015
Vitals
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Total Assets56.5M 0.6 %
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Total Deposits50.1M 0.1 %
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Total Net Loans40.2M 12.8 %
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Net Income-174000.0000 -208.1 %
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Book Value5.4M -3.1 %
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Book Value x210.8M -3.1 %
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Book Value x316.2M -3.1 %
Balance Sheet Highlights
| Financial Highlights | Chelsea Bank | All Insured Commercial Banks in Massachusetts |
| Balance Sheet $(000) | ||
| Total Assets | 56,521 | 1,058,974 |
| Total Net Loans | 40,172 | 763,976 |
| Total Deposits | 50,058 | 837,327 |
| Total Equity | 5,389 | 105,020 |
| Profitability | ||
| Net Income | -174 | 7,861 |
| Return on Average Assets | -.308 | .548 |
| Return on Average Equity | -3.139 | 5.423 |
| Net Interest Margin | 3.208 | 3.233 |
| Efficiency Ratio | 115.131 | 76.06 |
| Noninterest Income/Revenue | 23.121 | 17.062 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 80.251 | 87.138 |
| Securities/Assets | .136 | .143 |
| Total Equity/Total Assets | .095 | .099 |
| Tangible Equity/Tangible Assets | .089 | .087 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 5,353 | 92,544 |
| Tier 2 Capital | 375 | 9,346 |
| Total Capital | 5,728 | 102,119 |
| Total Risk Weighted Assets | 32,231 | 754,943 |
| Leverage Ratio | 9.55 | 10.015 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 16.61 | 15.745 |
| Total Capital Ratio | 17.77 | 16.822 |
Timeline for Chelsea Bank
East Cambridge Savings Bank
Chelsea Bank was acquired by East Cambridge Savings Bank 9 years
View Profile Mar 01 2015
Chelsea Bank
Chelsea Bank was established 54 years ago and is currently headquartered in Chelsea, MA.
Jan 01 1970| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| East Cambridge Savings Bank | Buyer | 1,007,062 | Acquisition | Discontinued | 3/1/2015 |
| Relationships | Role | Relationship Start | Relationship End |
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