Vitals
  • Total Assets
    912.5M 10.5 %
  • Total Deposits
    452.1M 7.3 %
  • Total Net Loans
    620.0M 14.7 %
  • Net Income
    1.7M 13.3 %
  • Book Value
    73.9M 4.2 %
  • Book Value x2
    147.9M 4.2 %
  • Book Value x3
    221.8M 4.2 %
ROAA

.739

ROAE

9.211

Efficiency Ratio

63.807

Net Interest Margin

2.505

Balance Sheet Highlights
Financial Highlights Woronoco Savings Bank All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets 912,486 338,007
Total Net Loans 620,035 205,875
Total Deposits 452,068 259,011
Total Equity 73,945 35,152
Profitability
Net Income 1,699 598
Return on Average Assets .739 .65
Return on Average Equity 9.211 6.419
Net Interest Margin 2.505 3.451
Efficiency Ratio 63.807 72.8
Noninterest Income/Revenue 12.656 7.907
Balance Sheet Ratios
Loan-to-Deposit 137.155 80.391
Securities/Assets .248 .362
Total Equity/Total Assets .081 .104
Tangible Equity/Tangible Assets .076 .089
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 70,116 34,262
Tier 2 Capital 3,669 2,299
Total Capital 73,785 36,821
Total Risk Weighted Assets 551,837 204,845
Leverage Ratio 7.65 10.026
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.71 17.183
Total Capital Ratio 13.37 18.248

Timeline for Woronoco Savings Bank

Berkshire Bank

Woronoco Savings Bank was acquired by Berkshire Bank 18 years

View Profile Jun 01 2005

Woronoco Savings Bank

Woronoco Savings Bank was established 153 years ago and is currently headquartered in Westfield, MA.

May 05 1871
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Berkshire Bank Buyer 7,893,906 Acquisition Discontinued 6/1/2005
Relationships Role Relationship Start Relationship End
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