Vitals
  • Total Assets
    369.7M -10.7 %
  • Total Deposits
    244.9M -6.4 %
  • Total Net Loans
    285.7M -12.8 %
  • Net Income
  • Book Value
    18.2M -33.0 %
  • Book Value x2
    36.4M -33.0 %
  • Book Value x3
    54.5M -33.0 %
ROAA

ROAE

Efficiency Ratio

171.175

Net Interest Margin

2.876

Balance Sheet Highlights
Financial Highlights Strata Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 369,690 455,656
Total Net Loans 285,687 307,961
Total Deposits 244,904 346,960
Total Equity 18,182 43,886
Profitability
Net Income — 1,298
Return on Average Assets — .426
Return on Average Equity — 4.55
Net Interest Margin 2.876 3.083
Efficiency Ratio 171.175 82.014
Noninterest Income/Revenue 11.635
Balance Sheet Ratios
Loan-to-Deposit 116.653 88.687
Securities/Assets .065 .266
Total Equity/Total Assets .049 .096
Tangible Equity/Tangible Assets .049 .057
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 12,540 43,164
Tier 2 Capital 3,131 3,086
Total Capital 15,671 46,265
Total Risk Weighted Assets 246,881 300,236
Leverage Ratio 3.42 9.454
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 5.08 14.913
Total Capital Ratio 6.35 15.931

Timeline for Strata Bank

Middlesex Savings Bank

Strata Bank was acquired by Middlesex Savings Bank 14 years

View Profile Jul 01 2009

Service Bancorp, Inc.

Service Bancorp, Inc. became a new parent organization for Strata Bank.

View Profile Oct 07 1998

Franklin Village Security Corporation

Franklin Village Security Corporation became a new subsidiary organization for Strata Bank.

View Profile Oct 10 1997

Service Bancorp, Mhc

Service Bancorp, Mhc became a new parent organization for Strata Bank.

View Profile Aug 19 1997

Medway Security Corporation

Medway Security Corporation became a new subsidiary organization for Strata Bank.

View Profile Aug 19 1997

Want to see more?

Complete timeline for Strata Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Middlesex Savings Bank Buyer 4,439,693 Acquisition Discontinued 7/1/2009
Relationships Role Relationship Start Relationship End
Service Bancorp, Inc. Parent 10/7/1998 6/30/2009
Service Bancorp, Mhc Parent 8/19/1997 10/6/1998
Medway Security Corporation Subsidary 8/19/1997 3/17/2009
Franklin Village Security Corporation Subsidary 10/10/1997 3/17/2009
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