FDIC Certificate #: 28373 Status: Active Federal Reserve ID: 99871 Date Established: January 01, 1886 WWW:http://www.natickfederal.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 1463 FDIC's unique #: 41207 Numeric code: 34 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: Febuary 10, 1937 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 49 Main St, Natick, MA 1760 County: Middlesex 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): Boston, MA-NH (#1120) 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: Cambridge-Newton-Framingham, MA (#15764)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $155.6 mil Equity capital: $14.4 mil Deposits held in domestic offices: $136.3 mil Return on assets (ROA): -0.05% (-$0.1 mil) Quarterly return on assets: 0.09% ($0.1 mil) Return on Equity (ROE): -0.53% (-$0.1 mil) Quarterly return on equity: 0.97% ($0.1 mil) Net income: -$0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.15% (-$233.4 mil) Quarterly Pretax return on assets: 0.05% ($77.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
23Total employees (full-time equivalent)
$155,587Total assets
$42,226Cash and due from depository institutions
$41,045Interest-bearing balances
$31,844Securities
$1,966Federal funds sold & reverse repurchase agreements
$68,305Net loans & leases
$160Loan loss allowance
$0Trading account assets
$2,425Bank premises and fixed assets
$252Other real estate owned
$0Goodwill and other intangibles
$155,587Life insurance assets
$8,569All other assets
$141,219Total liabilities and capital
$136,350Total liabilities
$136,023Total deposits
$136,350Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,928Trading liabilities
$0Other borrowed funds
$1,941Subordinated debt
$14,368All other liabilities
$14,368Total equity capital
$14,368Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$14,368Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,703Income earned, not collected on loans
$0Earning assets
$374Long-term assets (5+ years)
$143,160Average Assets, year-to-date
$0Average Assets, quarterly
$157,746Volatile liabilities
$156,128Insider loans
$67,284FHLB advances
$154,969Loans and leases held for sale
$5,607Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,802Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,731Restructured Loans and leases
$113Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,847Total interest income
$1,622Total interest expense
$3,225Net interest income
$141Provision for loan and lease losses
$302Total noninterest income
$0Fiduciary activities
$66Service charges on deposit accounts
$0Trading account gains & fees
$236Additional noninterest income
$3,628Total noninterest expense
$2,451Salaries and employee benefits
$605Premises and equipment expense
$572Additional noninterest expense
-$242Pre-tax net operating income
$0Securities gains (losses)
-$166Applicable income taxes
-$76Income before extraordinary items
$0Extraordinary gains - net
-$76Net income attributable to bank
$0Net charge-offs
-$76Cash dividends
$119Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.33%Yield on earning assets
1.11%Cost of funding earning assets
2.22%Net interest margin
0.21%Noninterest income to earning assets
2.49%Noninterest expense to earning assets
-0.05%Net operating income to assets
-0.05%Return on assets (ROA)
-0.15%Pretax return on assets
-0.53%Return on equity (ROE)
-0.53%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
118.49%Credit loss provision to net charge-offs
-0.85%Efficiency ratio
102,864Assets per employee
6.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.23%Loss allowance to noncurrent loans
9.40%Noncurrent assets plus other real estate owned to assets
1.26%Noncurrent loans to loans
2.49%Net loans and leases to deposits
50.10%Net loans and leases to core deposits
50.72%Equity capital to assets
9.23%Core capital (leverage) ratio
8.91%Tier 1 risk-based capital ratio
20.51%Total risk-based capital ratio
Memoranda
$21Average assets
$157,746Average earning assets
$14,441Average equity
$145,567Average loans
List of branches
1 Massachusetts Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41207
Natick Federal Savings Bank
49 Main St, Natick, MA 1760
January 01, 1886
Full Service Brick and Mortar
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