Vitals
  • Total Assets
    535.4M 10.6 %
  • Total Deposits
    412.8M 21.3 %
  • Total Net Loans
    308.8M -7.7 %
  • Net Income
    976000.0000
  • Book Value
    33.2M -14.3 %
  • Book Value x2
    66.4M -14.3 %
  • Book Value x3
    99.6M -14.3 %
ROAA

1.125

ROAE

14.67

Efficiency Ratio

64.219

Net Interest Margin

3.451

Balance Sheet Highlights
Financial Highlights The Beverly National Bank All Insured Commercial Banks in Massachusetts
Balance Sheet $(000)
Total Assets 535,381 793,664
Total Net Loans 308,768 820,679
Total Deposits 412,823 609,518
Total Equity 33,192 79,598
Profitability
Net Income 976 5,368
Return on Average Assets 1.125 1.418
Return on Average Equity 14.67 7.323
Net Interest Margin 3.451 3.379
Efficiency Ratio 64.219 84.097
Noninterest Income/Revenue 14.432 30.171
Balance Sheet Ratios
Loan-to-Deposit 74.794 83.175
Securities/Assets .292 4.958
Total Equity/Total Assets .062 .1
Tangible Equity/Tangible Assets .062 -.803
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 31,561 68,690
Tier 2 Capital 4,094 39,954
Total Capital 35,655 76,185
Total Risk Weighted Assets 327,144 523,366
Leverage Ratio 6.08 10.722
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.65 17.766
Total Capital Ratio 10.9 18.948

Timeline for The Beverly National Bank

Danversbank

The Beverly National Bank was acquired by Danversbank 14 years

View Profile Feb 13 2010

Danvers Bancorp, Inc.

Danvers Bancorp, Inc. became a new parent organization for The Beverly National Bank.

View Profile Oct 31 2009

Beverly National Security Corporation

Beverly National Security Corporation became a new subsidiary organization for The Beverly National Bank.

View Profile Sep 12 2002

Hannah Insurance Agency, Inc.

Hannah Insurance Agency, Inc. became a new subsidiary organization for The Beverly National Bank.

View Profile Sep 01 2001

Beverly Community Development Corporation

Beverly Community Development Corporation became a new subsidiary organization for The Beverly National Bank.

View Profile Dec 31 1994

Want to see more?

Complete timeline for The Beverly National Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Danversbank Buyer 2,583,385 Pooling of Interests Discontinued 2/13/2010
Relationships Role Relationship Start Relationship End
Danvers Bancorp, Inc. Parent 10/31/2009 2/12/2010
Beverly National Corporation Parent 8/1/1984 10/30/2009
Beverly National Security Corporation Subsidary 6/30/2007 2/12/2010
Beverly National Security Corporation Subsidary 9/12/2002 6/29/2007
Hannah Insurance Agency, Inc. Subsidary 9/1/2001 1/10/2006
Beverly Community Development Corporation Subsidary 12/31/1994 12/31/2004
Similar Organizations
Organization City State Total Assets
Great Plains National Bank
 		Elk City OK 538.1M
The First National Bank Of Granbury
 		Granbury TX 543.4M
American National Bank & Trust
 		Wichita Falls TX 543.9M
The First National Bank And Trust Co., Chickasha, Oklahoma
 		Chickasha OK 523.8M
Grayson National Bank
 		Independence VA 558.6M
Kleberg Bank, N.A.
 		Kingsville TX 513.4M
The Malvern National Bank
 		Malvern AR 511.2M
First National Bank North
 		Walker MN 518.3M
Firstar Bank, National Association
 		Sallisaw OK 546.8M
The Northumberland National Bank
 		Northumberland PA 498.2M