Vitals
  • Total Assets
    879.1M -6.1 %
  • Total Deposits
    660.9M -2.2 %
  • Total Net Loans
    579.4M -10.5 %
  • Net Income
    2.2M 184.1 %
  • Book Value
    102.4M 13.3 %
  • Book Value x2
    204.9M 13.3 %
  • Book Value x3
    307.3M 13.3 %
ROAA

.496

ROAE

4.585

Efficiency Ratio

79.227

Net Interest Margin

3.018

Balance Sheet Highlights
Financial Highlights Legacy Banks All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 879,055 496,341
Total Net Loans 579,416 323,327
Total Deposits 660,920 395,033
Total Equity 102,427 52,553
Profitability
Net Income 2,189 1,307
Return on Average Assets .496 .442
Return on Average Equity 4.585 4.284
Net Interest Margin 3.018 3.364
Efficiency Ratio 79.227 79.861
Noninterest Income/Revenue 17.169 11.549
Balance Sheet Ratios
Loan-to-Deposit 87.668 82.408
Securities/Assets .197 .199
Total Equity/Total Assets .117 .106
Tangible Equity/Tangible Assets .1 .104
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 76,907 50,023
Tier 2 Capital 7,222 3,751
Total Capital 84,129 53,787
Total Risk Weighted Assets 572,532 315,298
Leverage Ratio 9 9.845
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.43 15.725
Total Capital Ratio 14.69 16.902

Timeline for Legacy Banks

Berkshire Bank

Legacy Banks was acquired by Berkshire Bank 12 years

View Profile Jul 21 2011

Legacy Bancorp, Inc.

Legacy Bancorp, Inc. became a new parent organization for Legacy Banks.

View Profile Oct 26 2006

Csb Preferred Capital Corp

Acquisition: Legacy Banks acquired a new subsidiary, Csb Preferred Capital Corp , 20 years

View Profile Sep 30 2003

Trust Company Main Office

Acquisition: Legacy Banks acquired a new subsidiary, Trust Company Main Office , 20 years

View Profile Jun 01 2003

Legacy Securities Corporation

Legacy Securities Corporation became a new subsidiary organization for Legacy Banks.

View Profile Mar 07 2003

Want to see more?

Complete timeline for Legacy Banks is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Berkshire Bank Buyer 7,893,906 Acquisition Discontinued 7/21/2011
Csb Preferred Capital Corp Seller Pooling of Interests Discontinued 9/30/2003
Trust Company Main Office Seller Pooling of Interests Discontinued 6/1/2003
Lenox Savings Bank Seller 126,531 Pooling of Interests Discontinued 1/1/2002
First National Bank Of The Berkshires Seller 63,155 Pooling of Interests Discontinued 12/6/1997
Relationships Role Relationship Start Relationship End
Legacy Bancorp, Inc. Parent 10/26/2006 7/20/2011
Legacy Group, Inc. Parent 1/1/1999 10/25/2005
Mutual Bancorp Of The Berkshires, Inc. Parent 12/1/1997 12/31/1998
Csb Service Corporation Subsidary 12/1/1997 10/25/2005
Legacy Insurance Services Of The Berkshires Subsidary 7/25/2001 10/25/2005
Legacy Securities Corporation Subsidary 3/7/2003 10/25/2005
Csb Preferred Capital Corp Subsidary 4/5/1999 9/29/2003
Trust Company Main Office Subsidary 1/1/2002 5/31/2003
Trust Company Main Office Subsidary 12/1/1997 12/31/2001
Berkshire Securities Corp. Subsidary 12/6/1997 10/25/2000
Csb Leasing Company, Inc. Subsidary 12/1/1997 11/17/1999
County Properties, Inc. Subsidary 12/6/1997 11/17/1999
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