Vitals
  • Total Assets
    571.4M 19.1 %
  • Total Deposits
    347.2M 29.0 %
  • Total Net Loans
    421.3M 17.4 %
  • Net Income
    3.9M 95.8 %
  • Book Value
    75.1M 2.0 %
  • Book Value x2
    150.3M 2.0 %
  • Book Value x3
    225.4M 2.0 %
ROAA

1.531

ROAE

10.291

Efficiency Ratio

40.834

Net Interest Margin

4.283

Balance Sheet Highlights
Financial Highlights Nantucket Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 571,378 334,526
Total Net Loans 421,342 194,705
Total Deposits 347,184 260,629
Total Equity 75,188 34,849
Profitability
Net Income 3,870 1,354
Return on Average Assets 1.531 .699
Return on Average Equity 10.291 6.867
Net Interest Margin 4.283 3.424
Efficiency Ratio 40.834 72.643
Noninterest Income/Revenue 8.34 8.8
Balance Sheet Ratios
Loan-to-Deposit 121.36 76.463
Securities/Assets .059 .399
Total Equity/Total Assets .132 .104
Tangible Equity/Tangible Assets .072 -.015
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 40,488 33,547
Tier 2 Capital 4,559 2,279
Total Capital 45,047 36,080
Total Risk Weighted Assets 360,095 199,417
Leverage Ratio 8.38 9.884
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.24 16.892
Total Capital Ratio 12.51 17.956

Timeline for Nantucket Bank

Santander Bank, N.A.

Nantucket Bank was acquired by Santander Bank, N.A. 19 years

View Profile Jul 23 2004

Seacoast Financial Services Corporation

Seacoast Financial Services Corporation became a new parent organization for Nantucket Bank.

View Profile Dec 31 2000

N. Realty Holding Corp.

N. Realty Holding Corp. became a new subsidiary organization for Nantucket Bank.

View Profile Dec 11 1998

N. Realty Corporation

N. Realty Corporation became a new subsidiary organization for Nantucket Bank.

View Profile Mar 17 1998

Nb Securities, Inc.

Nb Securities, Inc. became a new subsidiary organization for Nantucket Bank.

View Profile Dec 23 1994

Want to see more?

Complete timeline for Nantucket Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Santander Bank, N.A. Buyer 85,473,923 Discontinued 7/23/2004
Relationships Role Relationship Start Relationship End
Seacoast Financial Services Corporation Parent 12/31/2000 7/22/2004
Home Port Bancorp, Inc. Parent 8/30/1988 12/30/2000
N. Realty Corporation Subsidary 3/17/1998 7/22/2004
Nb Securities, Inc. Subsidary 12/23/1994 12/28/2000
N. Realty Holding Corp. Subsidary 12/11/1998 12/30/1999
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