People's Savings Bank of Brockton in South Easton, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 2002

  • People's Savings Bank of Brockton in South Easton, Massachusetts (MA)
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People's Savings Bank of Brockton - Overview

  • General
  • FDIC Certificate #: 90171
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Federal Savings Bank of America (#30294)
    Federal Reserve ID: 712004
    Date Established: Febuary 08, 1895
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 12 (Interstate: No)
    OTS Docket #: 7940
    FDIC's unique #: 17764
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 20, 1985
    Last Structure Change Effective Date: March 01, 2002
    Last Structure Change Process Date: March 15, 2002
    Last Data Update: March 15, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 73 Belmont Street, South Easton, MA 2375
    County: Bristol
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: South Boston
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Providence-New Bedford-Fall River, RI-MA (#39300)
    CBSA Metro Statistical Area: Providence-New Bedford-Fall River, RI-MA (#39300)
  • Financial Summary
  • Total assets: $913.8 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, 2001)

  • Dollar figures in thousands
  • 332Total employees (full-time equivalent)
  • $913,812Total assets
  • $18,990Cash and due from depository institutions
  • $997Interest-bearing balances
  • $209,349Securities
  • $99,000Federal funds sold & reverse repurchase agreements
  • $535,818Net loans & leases
  • $4,062Loan loss allowance
  • $0Trading account assets
  • $16,450Bank premises and fixed assets
  • $210Other real estate owned
  • $1,247Goodwill and other intangibles
  • $0Life insurance assets
  • $32,748All other assets
  • $913,812Total liabilities and capital
  • $852,759Total liabilities
  • $564,736Total deposits
  • $516,495Interest-bearing deposits
  • $564,736Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $83,500Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $198,420Other borrowed funds
  • $0Subordinated debt
  • $6,103All other liabilities
  • $61,053Total equity capital
  • $61,053Total bank equity capital
  • $61,053Perpetual preferred stock
  • $0Common stock
  • $364Surplus
  • $70,150Undivided profits
  • Memoranda
  • $-9,461Noncurrent loans and leases
  • $111,461Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,923Earning assets
  • $146Long-term assets (5+ years)
  • $4,732Average Assets, year-to-date
  • $845,164Average Assets, quarterly
  • $452,485Volatile liabilities
  • $941,481Insider loans
  • $920,461FHLB advances
  • $205,294Loans and leases held for sale
  • $1,175Unused loan commitments
  • $198,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $222,511Total risk weighted assets
  • $111,461Total unused commitments
  • $0Restructured Loans and leases
  • $4,062Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $65,519Total interest income
  • $38,488Total interest expense
  • $27,031Net interest income
  • -$466Provision for loan and lease losses
  • $16,716Total noninterest income
  • $0Fiduciary activities
  • $1,306Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,410Additional noninterest income
  • $29,615Total noninterest expense
  • $16,497Salaries and employee benefits
  • $3,733Premises and equipment expense
  • $9,385Additional noninterest expense
  • $14,598Pre-tax net operating income
  • -$7,768Securities gains (losses)
  • $2,563Applicable income taxes
  • $4,267Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,267Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$346Sale, conversion, retirement of capital stock, net
  • $2,400Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.51%Yield on earning assets
  • 4.41%Cost of funding earning assets
  • 3.10%Net interest margin
  • 1.92%Noninterest income to earning assets
  • 3.39%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 7.85%Return on equity (ROE)
  • 3.43%Retained earnings to average equity (YTD only)
  • -0.07%Net charge-offs to loans
  • 134.68%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 67,422Assets per employee
  • 2.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.25%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 211.23%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 94.88%Net loans and leases to core deposits
  • 120.85%Equity capital to assets
  • 6.68%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 13.66%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $941,481Average earning assets
  • $54,361Average equity
  • $872,876Average loans

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