Vitals
  • Total Assets
    4.5B 5.5 %
  • Total Deposits
    3.9B 5.6 %
  • Total Net Loans
    2.9B 3.8 %
  • Net Income
    29.0M -0.2 %
  • Book Value
    557.9M 4.9 %
  • Book Value x2
    1.1B 4.9 %
  • Book Value x3
    1.7B 4.9 %
ROAA

.661

ROAE

5.302

Efficiency Ratio

65.867

Net Interest Margin

2.766

Balance Sheet Highlights
Financial Highlights Middlesex Savings Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 4,521,734 761,274
Total Net Loans 2,852,789 592,852
Total Deposits 3,921,004 596,855
Total Equity 557,915 82,059
Profitability
Net Income 28,999 4,648
Return on Average Assets .661 .538
Return on Average Equity 5.302 4.944
Net Interest Margin 2.766 3.143
Efficiency Ratio 65.867 77.098
Noninterest Income/Revenue 10.868 14.538
Balance Sheet Ratios
Loan-to-Deposit 72.757 95.714
Securities/Assets .307 .124
Total Equity/Total Assets .123 .108
Tangible Equity/Tangible Assets .12 .106
Capital Adequacy
Tier 1 Common Capital 533,277 80,540
Tier 1 Capital 533,277 80,580
Tier 2 Capital 32,402 5,839
Total Capital 565,679 86,408
Total Risk Weighted Assets 3,464,403 559,688
Leverage Ratio 11.97 10.827
Common Equity Tier 1 Capital Ratio 15.39 15.478
Tier 1 Capital Ratio 15.39 15.53
Total Capital Ratio 16.33 16.563

Timeline for Middlesex Savings Bank

Strata Bank

Acquisition: Middlesex Savings Bank acquired a new subsidiary, Strata Bank, 14 years

View Profile Jul 01 2009

Middlesex Bancorp Mhc

Middlesex Bancorp Mhc became a new parent organization for Middlesex Savings Bank.

View Profile Jun 19 2009

Middlesex Securities Corporation

Middlesex Securities Corporation became a new subsidiary organization for Middlesex Savings Bank.

View Profile Jun 19 2009

First Evergreen Properties Llc

First Evergreen Properties Llc became a new subsidiary organization for Middlesex Savings Bank.

View Profile Jun 19 2009

Assabet Institution For Savings

Acquisition: Middlesex Savings Bank acquired a new subsidiary, Assabet Institution For Savings, 35 years

View Profile May 01 1988

Want to see more?

Complete timeline for Middlesex Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Strata Bank Seller 369,690 Acquisition Discontinued 7/1/2009
Assabet Institution For Savings Seller 90,341 Discontinued 5/1/1988
Natick Five Cents Savings Bank Seller Discontinued 2/1/1982
Relationships Role Relationship Start Relationship End
Middlesex Bancorp Mhc Parent 6/19/2009
Middlesex Securities Corporation Subsidary 6/19/2009
First Evergreen Properties Llc Subsidary 6/19/2009
Similar Organizations
Organization City State Total Assets
Salem Five Cents Savings Bank
 		Salem MA 4.1B
Liberty Bank
 		Middletown CT 4.5B
Oritani Bank
 		Township Of Washington NJ 3.8B
Nexbank, Ssb
 		Dallas TX 4.0B
Bangor Savings Bank
 		Bangor ME 3.6B
Cambridge Savings Bank
 		Cambridge MA 3.5B
Ridgewood Savings Bank
 		Ridgewood NY 5.3B
Dime Community Bank
 		Brooklyn NY 5.8B
Firstrust Savings Bank
 		Conshohocken PA 3.0B
Beneficial Bank
 		Philadelphia PA 5.6B