Vitals
  • Total Assets
    2.0B 2.3 %
  • Total Deposits
    1.5B 5.7 %
  • Total Net Loans
    1.6B 0.9 %
  • Net Income
    13.1M 42.9 %
  • Book Value
    252.4M 5.8 %
  • Book Value x2
    504.9M 5.8 %
  • Book Value x3
    757.3M 5.8 %
ROAA

.661

ROAE

5.304

Efficiency Ratio

64.863

Net Interest Margin

3.181

Balance Sheet Highlights
Financial Highlights Needham Bank All Insured Commercial Banks in Massachusetts
Balance Sheet $(000)
Total Assets 1,975,363 1,195,734
Total Net Loans 1,648,701 884,564
Total Deposits 1,476,050 973,316
Total Equity 252,426 117,275
Profitability
Net Income 13,106 8,869
Return on Average Assets .661 .594
Return on Average Equity 5.304 5.855
Net Interest Margin 3.181 3.257
Efficiency Ratio 64.863 73.516
Noninterest Income/Revenue 4.11 17.101
Balance Sheet Ratios
Loan-to-Deposit 111.697 91.006
Securities/Assets .109 .127
Total Equity/Total Assets .128 .098
Tangible Equity/Tangible Assets .128 .09
Capital Adequacy
Tier 1 Common Capital 253,201 108,595
Tier 1 Capital 253,201 108,997
Tier 2 Capital 14,727 9,379
Total Capital 267,928 118,886
Total Risk Weighted Assets 1,442,177 863,428
Leverage Ratio 12.77 10.038
Common Equity Tier 1 Capital Ratio 17.56 14.848
Tier 1 Capital Ratio 17.56 14.854
Total Capital Ratio 18.58 15.826

Timeline for Needham Bank

Dedham Co-Operative Bank

Acquisition: Needham Bank acquired a new subsidiary, Dedham Co-Operative Bank, 17 years

View Profile Mar 31 2007

Needham Bank

Needham Bank was established 132 years ago and is currently headquartered in Needham, MA.

Jan 01 1892
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Dedham Co-Operative Bank Seller 85,326 Acquisition Discontinued 3/31/2007
Relationships Role Relationship Start Relationship End
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