Vitals
  • Total Assets
    4.1B 7.1 %
  • Total Deposits
    3.1B 10.2 %
  • Total Net Loans
    3.0B 10.6 %
  • Net Income
    31.4M 17.2 %
  • Book Value
    435.6M 7.7 %
  • Book Value x2
    871.3M 7.7 %
  • Book Value x3
    1.3B 7.7 %
ROAA

.802

ROAE

7.49

Efficiency Ratio

63.51

Net Interest Margin

2.831

Balance Sheet Highlights
Financial Highlights Salem Five Cents Savings Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 4,116,265 761,274
Total Net Loans 2,983,372 592,852
Total Deposits 3,089,902 596,855
Total Equity 435,635 82,059
Profitability
Net Income 31,424 4,648
Return on Average Assets .802 .538
Return on Average Equity 7.49 4.944
Net Interest Margin 2.831 3.143
Efficiency Ratio 63.51 77.098
Noninterest Income/Revenue 21.982 14.538
Balance Sheet Ratios
Loan-to-Deposit 96.552 95.714
Securities/Assets .228 .124
Total Equity/Total Assets .106 .108
Tangible Equity/Tangible Assets .098 .106
Capital Adequacy
Tier 1 Common Capital 421,442 80,540
Tier 1 Capital 421,442 80,580
Tier 2 Capital 26,825 5,839
Total Capital 448,267 86,408
Total Risk Weighted Assets 2,881,713 559,688
Leverage Ratio 10.39 10.827
Common Equity Tier 1 Capital Ratio 14.62 15.478
Tier 1 Capital Ratio 14.62 15.53
Total Capital Ratio 15.56 16.563

Timeline for Salem Five Cents Savings Bank

Stoneham Savings Bank

Acquisition: Salem Five Cents Savings Bank acquired a new subsidiary, Stoneham Savings Bank, 10 years

View Profile Nov 24 2013

Stoneham Security Corporation

Stoneham Security Corporation became a new subsidiary organization for Salem Five Cents Savings Bank.

View Profile Nov 24 2013

New England Heritage Property Corporation

New England Heritage Property Corporation became a new subsidiary organization for Salem Five Cents Savings Bank.

View Profile Nov 24 2013

Court Street Llc

Court Street Llc became a new subsidiary organization for Salem Five Cents Savings Bank.

View Profile Sep 10 2012

167-169 Onset, Llc

167-169 Onset, Llc became a new subsidiary organization for Salem Five Cents Savings Bank.

View Profile Jun 09 2008

Want to see more?

Complete timeline for Salem Five Cents Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Stoneham Savings Bank Seller 328,381 Pooling of Interests Discontinued 11/24/2013
Heritage Co-Operative Bank Seller 270,815 Acquisition Discontinued 2/11/2006
Relationships Role Relationship Start Relationship End
Salem Five Bancorp Parent 2/10/2006
Salem Investment Corporation I Subsidary 2/10/2006
Salem Investment Corporation Ii Subsidary 2/10/2006
Salem Five Mortgage Company Llc Subsidary 2/10/2006
Salem Five Investment Services Llc Subsidary 2/10/2006
Salem Five Insurance Holdings, Llc Subsidary 2/10/2006
Salem Green Realty Comapny, Llc Subsidary 2/10/2006
Cedar Hills, Llc Subsidary 10/2/2007
Subsgrc, Llc Subsidary 2/6/2007
Stoneham Security Corporation Subsidary 11/24/2013
Court Street Llc Subsidary 9/10/2012
New England Heritage Property Corporation Subsidary 11/24/2013 6/2/2014
63-65 West Main Street, Llc Subsidary 11/15/2007 6/13/2013
167-169 Onset, Llc Subsidary 6/9/2008 6/13/2013
Kinsman Ventures, Inc. Subsidary 2/10/2006 11/22/2006
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