Haverhill Bank in city_name, state_name - Detailed Financial Reports, Location

Haverhill Bank in Haverhill, Massachusetts (MA)
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Haverhill Bank routing number info

Haverhill Bank - Overview

General
FDIC Certificate #: 26411
Status: Active
Federal Reserve ID: 109574
Date Established: January 01, 1877
WWW: http://www.haverhillbank.com
Trust Powers Granted: Yes
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 7 (Domestic: 6, Interstate: No)
OTS Docket #: 4530
FDIC's unique #: 33028
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: October 24, 1985
Last Structure Change Effective Date: January 01, 2012
Last Structure Change Process Date: January 20, 2012
Last Data Update: January 20, 2012
Data Source Date: April 05, 2012
Location
Address: 180 Merrimack Street, Haverhill, MA 1830
County: Essex
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: North Boston
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Lawrence, MA-NH (#4160)
Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
Core Based Statistical Division: Peabody, MA (#37764)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $260.7 mil
Equity capital: $29.8 mil
Deposits held in domestic offices: $219.7 mil
Return on assets (ROA): 0.31% ($0.8 mil)
Quarterly return on assets: -0.13% (-$0.3 mil)
Return on Equity (ROE): 2.69% ($0.8 mil)
Quarterly return on equity: -1.17% (-$0.4 mil)
Net income: $0.8 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.44% ($1,147.2 mil)
Quarterly Pretax return on assets: -0.27% (-$704.0 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
65Total employees (full-time equivalent)
$260,730Total assets
$10,040Cash and due from depository institutions
$6,601Interest-bearing balances
$41,123Securities
$0Federal funds sold & reverse repurchase agreements
$191,094Net loans & leases
$2,334Loan loss allowance
$0Trading account assets
$4,950Bank premises and fixed assets
$341Other real estate owned
$0Goodwill and other intangibles
$260,730Life insurance assets
$13,182All other assets
$230,972Total liabilities and capital
$219,684Total liabilities
$196,593Total deposits
$219,684Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,201Trading liabilities
$0Other borrowed funds
$2,087Subordinated debt
$29,758All other liabilities
$29,758Total equity capital
$29,758Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$28,431Surplus
$1,327Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,599Income earned, not collected on loans
$0Earning assets
$824Long-term assets (5+ years)
$238,818Average Assets, year-to-date
$139,517Average Assets, quarterly
$254,925Volatile liabilities
$259,482Insider loans
$150,842FHLB advances
$258,500Loans and leases held for sale
$7,081Unused loan commitments
$7,081Tier 1 (core) risk-based capital
$28,476Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$27,269Restructured Loans and leases
$2,331Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,906Total interest income
$2,397Total interest expense
$8,509Net interest income
$180Provision for loan and lease losses
$1,504Total noninterest income
$0Fiduciary activities
$610Service charges on deposit accounts
$0Trading account gains & fees
$894Additional noninterest income
$8,708Total noninterest expense
$4,474Salaries and employee benefits
$1,086Premises and equipment expense
$3,148Additional noninterest expense
$1,125Pre-tax net operating income
$0Securities gains (losses)
$341Applicable income taxes
$784Income before extraordinary items
$0Extraordinary gains - net
$784Net income attributable to bank
$0Net charge-offs
$784Cash dividends
$586Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.70%Yield on earning assets
1.03%Cost of funding earning assets
3.67%Net interest margin
0.65%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
0.31%Net operating income to assets
0.31%Return on assets (ROA)
0.44%Pretax return on assets
2.69%Return on equity (ROE)
2.69%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
30.72%Credit loss provision to net charge-offs
2.23%Efficiency ratio
86,967Assets per employee
4.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
89.80%Noncurrent assets plus other real estate owned to assets
1.13%Noncurrent loans to loans
1.34%Net loans and leases to deposits
86.99%Net loans and leases to core deposits
101.55%Equity capital to assets
11.41%Core capital (leverage) ratio
11.02%Tier 1 risk-based capital ratio
18.88%Total risk-based capital ratio
Memoranda
$20Average assets
$254,925Average earning assets
$29,177Average equity
$232,013Average loans

List of branches

7 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	33028	Haverhill Bank	180 Merrimack Street, Haverhill, MA 1830	January 01, 1877	Full Service Brick and Mortar
3	259376	Haverhill Branch	163 South Main Street, Haverhill, MA 1835	October 11, 1994	Full Service Brick and Mortar
4	420129	Main Street Haverhill Branch	1094 Main Street, Haverhill, MA 1830	July 11, 2003	Full Service Brick and Mortar
5	100157	Northeast Community Bank Branch	100 Lafayette Square, Haverhill, MA 1832	June 27, 1934	Full Service Brick and Mortar
7	494071	Haverhill High Office Branch	137 Monument Ave., Haverhill, MA 1832	December 16, 2008	Full Service Brick and Mortar
8	494072	Whitter Voc Tech High School Office	115 Amesbury Line Road, Haverhill, MA 1830	December 16, 2008	Full Service Brick and Mortar
9	35287	West Main Street Branch	6 Main Street, Merrimac, MA 1860	January 01, 1889	Full Service Brick and Mortar

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

Haverhill Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Haverhill Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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