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Risk Strategies Company
We are well versed in all areas of risk management and are experts in identifying operational risk, as well as cost effectively structuring risk solutions.
Newburyport Five Cents Savings Bank
Financial performance The bank’s net income was $6.01 million, exceeding our 2011 results. Our loan portfolio is now at $491 million, total deposits at $488 million, and total assets reached another new high of $636 million. In addition, total equity for the bank increased by 4.7%, bringing us to an historic level of $103.6 million. The strength and safety of a bank is reflected in its capital. Impressively, our Tier 1 leverage capital ratio of 16.15% ranks Newburyport Five Cents Savings Bank second out of 61 member Deposit Insurance Fund banks. At the state level, the bank’s Return on Assets (ROA) was ranked 18th highest of all of the 152 Massachusetts chartered banks. The bank once again experienced a return on assets of 0.96%, while the state median average for the 152 state banks was 0.57% for 2012. When comparing the Newburyport Five Cents Savings Bank to its FDIC national peer group which consists of 102 banks with assets from $300 million to $1 billion, we proudly ranked in the 86th percentile for net income.
Bangor Savings Bank
For over 165 years we have been providing our customers with local decision making, solutions, and service. At Bangor Savings Bank, you matter more.
Cambridge Trust
We are pleased to announce the merger between Cambridge Trust and Optima Bank & Trust. We are excited to create an even stronger institution for our clients as one bank, one brand.
Bank of New Hampshire
Bank of New Hampshire, founded in 1831, provides deposit, lending and wealth management products and services to families and businesses throughout New Hampshire and southern Maine.
J. Edgar Group, PLLC
Outsourced CFO, Outsourced Controller, cash management, financial reporting, budgeting, forecasting, audit support, due diligence, tax planning, staff development, banking relationships
