Vitals
  • Total Assets
    4.8B 19.4 %
  • Total Deposits
    3.3B 24.9 %
  • Total Net Loans
    3.6B 12.4 %
  • Net Income
    17.3M 70.5 %
  • Book Value
    507.7M 46.8 %
  • Book Value x2
    1.0B 46.8 %
  • Book Value x3
    1.5B 46.8 %
ROAA

.831

ROAE

8.478

Efficiency Ratio

58.626

Net Interest Margin

3.523

Balance Sheet Highlights
Financial Highlights Compass Bank For Savings All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 4,755,103 334,526
Total Net Loans 3,624,359 194,705
Total Deposits 3,326,712 260,629
Total Equity 507,848 34,849
Profitability
Net Income 17,341 1,354
Return on Average Assets .831 .699
Return on Average Equity 8.478 6.867
Net Interest Margin 3.523 3.424
Efficiency Ratio 58.626 72.643
Noninterest Income/Revenue 7.537 8.8
Balance Sheet Ratios
Loan-to-Deposit 108.947 76.463
Securities/Assets .126 .399
Total Equity/Total Assets .107 .104
Tangible Equity/Tangible Assets .068 -.015
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 325,354 33,547
Tier 2 Capital 39,744 2,279
Total Capital 365,098 36,080
Total Risk Weighted Assets 3,129,425 199,417
Leverage Ratio 7.6 9.884
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.4 16.892
Total Capital Ratio 11.67 17.956

Timeline for Compass Bank For Savings

Santander Bank, N.A.

Compass Bank For Savings was acquired by Santander Bank, N.A. 19 years

View Profile Jul 24 2004

Abington Savings Bank

Acquisition: Compass Bank For Savings acquired a new subsidiary, Abington Savings Bank, 20 years

View Profile Apr 29 2004

Holt Park Place Development Corporation

Holt Park Place Development Corporation became a new subsidiary organization for Compass Bank For Savings.

View Profile Apr 29 2004

Norroway Pond Development Corporation

Norroway Pond Development Corporation became a new subsidiary organization for Compass Bank For Savings.

View Profile Apr 29 2004

Abington Securities Corporation

Abington Securities Corporation became a new subsidiary organization for Compass Bank For Savings.

View Profile Apr 29 2004

Want to see more?

Complete timeline for Compass Bank For Savings is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Santander Bank, N.A. Buyer 85,473,923 Discontinued 7/24/2004
Abington Savings Bank Seller 815,453 Acquisition Discontinued 4/29/2004
Bay State Federal Savings Bank Seller 578,817 Acquisition Discontinued 6/1/2003
The Sandwich Co-Operative Bank Seller 542,474 Pooling of Interests Discontinued 12/5/1998
Martha's Vineyard National Bank Seller 131,218 Discontinued 12/29/1994
Plymouth Federal Savings Association Seller 60,683 Failure 3/12/1994
Fall River-North Main Street Branch Seller Discontinued 4/19/1986
Relationships Role Relationship Start Relationship End
Seacoast Financial Services Corporation Parent 10/1/1994 7/23/2004
Holt Park Place Development Corporation Subsidary 4/29/2004 7/23/2004
Norroway Pond Development Corporation Subsidary 4/29/2004 7/23/2004
1855 Corporation, The Subsidary 10/1/1994 7/23/2004
Abington Securities Corporation Subsidary 4/29/2004 7/23/2004
Sextant Securities Corporation Subsidary 12/5/1998 7/23/2004
Sandwich Securities Corporation Subsidary 12/5/1998 7/23/2004
Sextant Corporation, The Subsidary 12/5/1998 7/23/2004
Compass Preferred Capital Corporation Subsidary 12/16/2000 7/23/2004
Old Colony Mortgage Corporation Subsidary 4/29/2004 7/23/2004
Mass Securities Corporation Subsidary 4/29/2004 7/23/2004
70 Quincy Ave. Llc Subsidary 4/29/2004 7/23/2004
Mass Sec Corp Ii Subsidary 4/29/2004 7/23/2004
Bsf Service Corp. Subsidary 5/31/2003 7/23/2004
Bay Leaf Securities Corporation Subsidary 5/31/2003 7/23/2004
Bay State Federal Savings Securities Corporation Subsidary 5/31/2003 7/23/2004
C B Securities Corporation Subsidary 10/1/1994 12/15/2000
Compass Credit Corp. Subsidary 6/24/1997 12/15/2000
Buffinton-Brook Realty Corporation Subsidary 3/20/1998 12/15/2000
Mvnb Security Corp Subsidary 12/29/1994 12/29/1994
Prudence, Inc. Subsidary 12/28/1994 12/29/1994
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