Adams Community Bank in city_name, state_name - Detailed Financial Reports, Location

Adams Community Bank in Adams, Massachusetts (MA)
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Adams Community Bank routing number info

Adams Community Bank - Overview

General
FDIC Certificate #: 90140
Status: Active
Federal Reserve ID: 343903
Date Established: May 01, 1869
WWW: http://www.sasavings.com
Trust Powers Granted: Yes
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 7 (Domestic: 4, Interstate: No)
OTS Docket #: 12033
FDIC's unique #: 17735
Numeric code: 42
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: July 24, 1985
Last Structure Change Effective Date: Febuary 25, 2012
Last Structure Change Process Date: March 02, 2012
Last Data Update: March 02, 2012
Data Source Date: April 05, 2012
Location
Address: 2 Center Street, Adams, MA 1220
County: Berkshire
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Pittsfield, MA (#6320)
Core Based Statistical Area (CBSA): Pittsfield, MA (#38340)
CBSA Metro Statistical Area: Pittsfield, MA (#38340)
History of Changes
Participated in Absorption/Consolidation/Merger
Name Change
Financial Summary
Total assets: $202.3 mil
Equity capital: $25.8 mil
Deposits held in domestic offices: $163.5 mil
Return on assets (ROA): 0.29% ($0.6 mil)
Quarterly return on assets: 0.11% ($0.2 mil)
Return on Equity (ROE): 2.24% ($0.6 mil)
Quarterly return on equity: 0.86% ($0.2 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.47% ($950.9 mil)
Quarterly Pretax return on assets: 0.21% ($424.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
44Total employees (full-time equivalent)
$202,323Total assets
$15,742Cash and due from depository institutions
$6,480Interest-bearing balances
$9,060Securities
$3,000Federal funds sold & reverse repurchase agreements
$162,099Net loans & leases
$1,633Loan loss allowance
$0Trading account assets
$2,992Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$202,323Life insurance assets
$9,430All other assets
$176,535Total liabilities and capital
$163,543Total liabilities
$154,467Total deposits
$163,543Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,156Trading liabilities
$0Other borrowed funds
$2,836Subordinated debt
$25,788All other liabilities
$25,788Total equity capital
$25,788Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$25,788Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,931Income earned, not collected on loans
$0Earning assets
$487Long-term assets (5+ years)
$180,639Average Assets, year-to-date
$114,046Average Assets, quarterly
$203,005Volatile liabilities
$201,741Insider loans
$123,634FHLB advances
$199,985Loans and leases held for sale
$5,049Unused loan commitments
$2,525Tier 1 (core) risk-based capital
$25,857Tier 2 risk-based capital
$0Total risk weighted assets
$2,524Total unused commitments
$17,040Restructured Loans and leases
$862Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,011Total interest income
$2,195Total interest expense
$6,816Net interest income
$217Provision for loan and lease losses
$627Total noninterest income
$0Fiduciary activities
$324Service charges on deposit accounts
$0Trading account gains & fees
$303Additional noninterest income
$6,279Total noninterest expense
$3,465Salaries and employee benefits
$722Premises and equipment expense
$2,092Additional noninterest expense
$947Pre-tax net operating income
$3Securities gains (losses)
$369Applicable income taxes
$581Income before extraordinary items
$0Extraordinary gains - net
$581Net income attributable to bank
$0Net charge-offs
$581Cash dividends
$138Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.87%Yield on earning assets
1.19%Cost of funding earning assets
3.69%Net interest margin
0.34%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
0.29%Net operating income to assets
0.29%Return on assets (ROA)
0.47%Pretax return on assets
2.24%Return on equity (ROE)
2.24%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
157.25%Credit loss provision to net charge-offs
8.43%Efficiency ratio
84,361Assets per employee
4.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
84.57%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
1.18%Net loans and leases to deposits
99.12%Net loans and leases to core deposits
103.30%Equity capital to assets
12.75%Core capital (leverage) ratio
12.93%Tier 1 risk-based capital ratio
20.91%Total risk-based capital ratio
Memoranda
$22Average assets
$203,005Average earning assets
$25,910Average equity
$184,857Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$770Managed Assets
1Number of Accounts
$770Personal trust and agency accounts
$770Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
153Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

7 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	17735	Adams Community Bank	2 Center Street, Adams, MA 1220	May 01, 1869	Full Service Brick and Mortar
1	290950	Cheshire Branch	Richmond Street And State Road, Cheshire, MA 1225	May 10, 1971	Full Service Brick and Mortar
2	290951	Williamstown Branch	273 Main Street, Williamstown, MA 1267	September 28, 1988	Full Service Brick and Mortar
3	468990	Lee Branch	41 Park Street, Lee, MA 1238	October 22, 2007	Full Service Brick and Mortar
4	35268	Park Street Branch	93 Park Street, Adams, MA 1220	January 01, 1895	Full Service Brick and Mortar
5	259711	North Adams Branch	31 Eagle Street, North Adams, MA 1247	October 03, 1974	Full Service Brick and Mortar
6	259712	Lanesboro Branch	545 South Main Street, Lanesboro, MA 1237	January 01, 1999	Full Service Brick and Mortar

Adams Community Bank in Adams, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Adams Community Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Adams Community Bank in Adams, Massachusetts (MA)Overview, Financial Summary, Detailed Financial Reports, Branches

Adams Community Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Adams Community Bank in Adams, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches