The Broadway National Bank Of Chelsea
Chelsea, MA — Domestic Branch of a Domestic Bank
Acquired Dec 2003
Vitals
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Total Assets167.5M
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Total Deposits147.3M
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Total Net Loans77.0M
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Net Income776000.0000
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Book Value13.0M
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Book Value x226.0M
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Book Value x339.1M
Balance Sheet Highlights
| Financial Highlights | The Broadway National Bank Of Chelsea | All Insured Commercial Banks in Massachusetts |
| Balance Sheet $(000) | ||
| Total Assets | 167,524 | 1,606,775 |
| Total Net Loans | 77,007 | 903,135 |
| Total Deposits | 147,260 | 1,172,016 |
| Total Equity | 13,021 | 162,390 |
| Profitability | ||
| Net Income | 776 | 21,569 |
| Return on Average Assets | .614 | 1.079 |
| Return on Average Equity | 7.873 | 11.265 |
| Net Interest Margin | 3.586 | 3.698 |
| Efficiency Ratio | 70.41 | 71.683 |
| Noninterest Income/Revenue | 20.714 | 39.898 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 52.293 | 70.327 |
| Securities/Assets | .256 | 1.101 |
| Total Equity/Total Assets | .078 | .101 |
| Tangible Equity/Tangible Assets | .06 | -.061 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 9,883 | 94,700 |
| Tier 2 Capital | 966 | 30,729 |
| Total Capital | 10,849 | 112,633 |
| Total Risk Weighted Assets | 77,257 | 895,016 |
| Leverage Ratio | 5.91 | 8.863 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 12.79 | 14.58 |
| Total Capital Ratio | 14.04 | 15.665 |
Timeline for The Broadway National Bank Of Chelsea
Boston Federal Savings Bank
The Broadway National Bank Of Chelsea was acquired by Boston Federal Savings Bank 20 years
View Profile Dec 31 2003
Ellsmere Insurance Agency, Inc.
Ellsmere Insurance Agency, Inc. became a new subsidiary organization for The Broadway National Bank Of Chelsea.
View Profile Dec 07 1999
Bnb Securities Corp.
Bnb Securities Corp. became a new subsidiary organization for The Broadway National Bank Of Chelsea.
View Profile Nov 23 1999
Bnb Preferred Capital Corporation
Bnb Preferred Capital Corporation became a new subsidiary organization for The Broadway National Bank Of Chelsea.
View Profile Nov 23 1999
Aygro Corporation
Aygro Corporation became a new subsidiary organization for The Broadway National Bank Of Chelsea.
View Profile Dec 22 1997
Want to see more?
Complete timeline for The Broadway National Bank Of Chelsea is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Boston Federal Savings Bank | Buyer | 1,545,461 | Discontinued | 12/31/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Bostonfed Bancorp, Inc. | Parent | 5/28/1997 | 12/30/2003 |
| Broadway Capital Corp. | Parent | 3/31/1982 | 5/27/1997 |
| Bnb Securities Corp. | Subsidary | 11/23/1999 | 12/30/2003 |
| Bnb Preferred Capital Corporation | Subsidary | 11/23/1999 | 12/30/2003 |
| Ellsmere Insurance Agency, Inc. | Subsidary | 12/7/1999 | 12/30/2003 |
| Aygro Corporation | Subsidary | 12/22/1997 | 11/22/1999 |
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