Stoneham Savings Bank
Stoneham, MA — Domestic Branch of a Domestic Bank
Acquired Nov 2013
Vitals
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Total Assets328.4M 0.8 %
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Total Deposits254.6M 3.1 %
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Total Net Loans179.1M 0.3 %
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Net Income736000.0000 -81.9 %
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Book Value33.1M -4.8 %
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Book Value x266.1M -4.8 %
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Book Value x399.2M -4.8 %
Balance Sheet Highlights
Financial Highlights | Stoneham Savings Bank | All Insured Savings Banks in Massachusetts |
Balance Sheet $(000) | ||
Total Assets | 328,381 | 568,226 |
Total Net Loans | 179,126 | 397,473 |
Total Deposits | 254,629 | 449,334 |
Total Equity | 33,059 | 61,481 |
Profitability | ||
Net Income | 736 | 2,380 |
Return on Average Assets | .302 | .494 |
Return on Average Equity | 2.948 | 4.562 |
Net Interest Margin | 3.167 | 3.169 |
Efficiency Ratio | 84.011 | 80.207 |
Noninterest Income/Revenue | 6.546 | 16.052 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 70.348 | 86.962 |
Securities/Assets | .316 | .175 |
Total Equity/Total Assets | .101 | .108 |
Tangible Equity/Tangible Assets | .095 | .106 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 26,724 | 60,071 |
Tier 2 Capital | 353 | 4,626 |
Total Capital | 27,077 | 64,866 |
Total Risk Weighted Assets | 177,094 | 375,850 |
Leverage Ratio | 8.41 | 10.577 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.09 | 16.574 |
Total Capital Ratio | 15.29 | 17.792 |
Timeline for Stoneham Savings Bank
Salem Five Cents Savings Bank
Stoneham Savings Bank was acquired by Salem Five Cents Savings Bank 10 years
View Profile Nov 24 2013New England Heritage Property Corporation
New England Heritage Property Corporation became a new subsidiary organization for Stoneham Savings Bank.
View Profile Feb 01 2013Stoneham Security Corporation
Stoneham Security Corporation became a new subsidiary organization for Stoneham Savings Bank.
View Profile Feb 01 2013Salem Five Bancorp
Salem Five Bancorp became a new parent organization for Stoneham Savings Bank.
View Profile Feb 01 2012Stoneham Savings Bank
Stoneham Savings Bank was established 169 years ago and is currently headquartered in Stoneham, MA.
Mar 28 1855Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Salem Five Cents Savings Bank | Buyer | 4,079,769 | Pooling of Interests | Discontinued | 11/24/2013 |
Relationships | Role | Relationship Start | Relationship End |
Salem Five Bancorp | Parent | 2/1/2012 | 11/23/2013 |
New England Heritage Property Corporation | Subsidary | 2/1/2013 | 11/23/2013 |
Stoneham Security Corporation | Subsidary | 2/1/2013 | 11/23/2013 |
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