Home > First Massachusetts Bank > Assets and Liabilities
First Massachusetts Bank, Assets and Liabilities
| 2001-12-31 | Rank | |
| # of Employees: | 1,537 | 138 |
| Assets and Liabilities | ||
| Total Assets: | $6,616,462,000 | 146 |
| Cash and due from depository institutions | $193,683,000 | 138 |
| Interest-bearing balances | $10,000 | 6,615 |
| Securities | $1,151,219,000 | 156 |
| Federal funds sold & reverse repurchase agreements | $116,128,000 | 167 |
| Net loans & leases | $4,621,139,000 | 132 |
| Loan loss allowance | $62,794,000 | 144 |
| Trading account assets | $0 | 182 |
| Bank premises and fixed assets | $66,064,000 | 136 |
| Other real estate owned | $1,328,000 | 138 |
| Goodwill and other intangibles | $161,689,000 | 87 |
| All other assets | $305,212,000 | 124 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $6,616,462,000 | 146 |
| Total liabilities | $6,095,444,000 | 144 |
| Total deposits | $4,420,821,000 | 138 |
| Interest-bearing deposits | $3,543,440,000 | 140 |
| Deposits held in domestic offices | $4,420,821,000 | 136 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $579,609,000 | 123 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $806,518,000 | 126 |
| Subordinated debt | $200,000,000 | 61 |
| All other liabilities | $88,496,000 | 175 |
| Total equity capital | $521,018,000 | 154 |
| Total bank equity capital | $521,018,000 | 154 |
| Perpetual preferred stock | $0 | 158 |
| Common stock | $0 | 8,780 |
| Surplus | $293,203,000 | 142 |
| Undivided profits | $227,815,000 | 144 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $18,896,000 | 245 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $902,000 | 221 |
| Income earned, not collected on loans | $28,804,000 | 155 |
| Earning assets | $5,888,496,000 | 148 |
| Long-term assets (5+ years) | $2,247,022,000 | 89 |
| Average Assets, year-to-date | $6,228,037,000 | 142 |
| Average Assets, quarterly | $6,174,297,500 | 149 |
| Volatile liabilities | $954,994,000 | 208 |
| Insider loans | $12,106,000 | 331 |
| FHLB advances | $806,433,000 | 75 |
| Loans and leases held for sale | $117,674,000 | 97 |
| Unused loan commitments | $1,603,386,000 | 154 |
| Tier 1 (core) risk-based capital | $353,870,000 | 186 |
| Tier 2 risk-based capital | $237,756,000 | 78 |
| Total risk weighted assets | $4,863,667,000 | 134 |
| Total unused commitments | $1,603,386,000 | 155 |
| Derivatives | $172,504,000 | 144 |
| 2000-12-31 | Rank | |
| # of Employees: | 1,369 | 152 |
| Assets and Liabilities | ||
| Total Assets: | $6,165,069,000 | 145 |
| Cash and due from depository institutions | $218,683,000 | 152 |
| Interest-bearing balances | $69,005,000 | 77 |
| Securities | $1,864,402,000 | 108 |
| Federal funds sold & reverse repurchase agreements | $91,814,000 | 186 |
| Net loans & leases | $3,636,893,000 | 153 |
| Loan loss allowance | $42,846,000 | 179 |
| Trading account assets | $0 | 175 |
| Bank premises and fixed assets | $63,563,000 | 142 |
| Other real estate owned | $509,000 | 152 |
| Goodwill and other intangibles | $92,220,000 | 113 |
| All other assets | $196,985,000 | 143 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $6,165,069,000 | 145 |
| Total liabilities | $5,726,807,000 | 141 |
| Total deposits | $3,576,161,000 | 155 |
| Interest-bearing deposits | $2,893,372,000 | 164 |
| Deposits held in domestic offices | $3,576,161,000 | 152 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $551,492,000 | 126 |
| Trading liabilities | $0 | 77 |
| Other borrowed funds | $1,568,467,000 | 95 |
| Subordinated debt | $0 | 239 |
| All other liabilities | $30,687,000 | 316 |
| Total equity capital | $438,262,000 | 165 |
| Total bank equity capital | $438,262,000 | 165 |
| Perpetual preferred stock | $0 | 178 |
| Common stock | $13,200,000 | 228 |
| Surplus | $265,003,000 | 144 |
| Undivided profits | $160,059,000 | 195 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $13,207,000 | 283 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $1,068,000 | 154 |
| Income earned, not collected on loans | $20,219,000 | 183 |
| Earning assets | $5,662,114,000 | 141 |
| Long-term assets (5+ years) | $2,714,330,000 | 79 |
| Average Assets, year-to-date | $6,054,964,400 | 139 |
| Average Assets, quarterly | $6,165,403,000 | 142 |
| Volatile liabilities | $2,004,390,000 | 141 |
| Insider loans | $11,521,000 | 359 |
| FHLB advances | $0 | 771 |
| Loans and leases held for sale | $51,131,000 | 100 |
| Unused loan commitments | $1,104,459,000 | 182 |
| Tier 1 (core) risk-based capital | $378,863,100 | 170 |
| Tier 2 risk-based capital | $42,847,000 | 178 |
| Total risk weighted assets | $3,962,075,200 | 150 |
| Total unused commitments | $1,104,459,000 | 183 |
| Derivatives | $172,791,000 | 153 |
| 1999-12-31 | Rank | |
| # of Employees: | 196 | 855 |
| Assets and Liabilities | ||
| Total Assets: | $1,098,288,000 | 505 |
| Cash and due from depository institutions | $33,441,000 | 855 |
| Interest-bearing balances | $387,000 | 3,404 |
| Securities | $297,614,000 | 443 |
| Federal funds sold & reverse repurchase agreements | $14,380,000 | 696 |
| Net loans & leases | $654,275,000 | 531 |
| Loan loss allowance | $9,673,000 | 497 |
| Trading account assets | $0 | 165 |
| Bank premises and fixed assets | $11,929,000 | 635 |
| Other real estate owned | $3,355,000 | 855 |
| Goodwill and other intangibles | $48,732,000 | 150 |
| All other assets | $34,562,000 | 416 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $1,098,288,000 | 505 |
| Total liabilities | $990,923,000 | 509 |
| Total deposits | $849,081,000 | 475 |
| Interest-bearing deposits | $704,361,000 | 490 |
| Deposits held in domestic offices | $849,081,000 | 471 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $65,159,000 | 434 |
| Trading liabilities | $0 | 65 |
| Other borrowed funds | $71,093,000 | 598 |
| Subordinated debt | $0 | 242 |
| All other liabilities | $5,590,000 | 872 |
| Total equity capital | $107,365,000 | 465 |
| Total bank equity capital | $107,365,000 | 465 |
| Perpetual preferred stock | $0 | 193 |
| Common stock | $13,200,000 | 256 |
| Surplus | $87,630,000 | 296 |
| Undivided profits | $6,535,000 | 3,429 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,327,000 | 717 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $177,000 | 634 |
| Income earned, not collected on loans | $3,426,000 | 631 |
| Earning assets | $966,656,000 | 518 |
| Long-term assets (5+ years) | $439,866,000 | 282 |
| Average Assets, year-to-date | $1,067,533,000 | 496 |
| Average Assets, quarterly | $1,092,526,000 | 500 |
| Volatile liabilities | $179,840,000 | 655 |
| Insider loans | $1,047,000 | 3,642 |
| FHLB advances | $0 | 802 |
| Loans and leases held for sale | $0 | 1,487 |
| Unused loan commitments | $275,376,000 | 381 |
| Tier 1 (core) risk-based capital | $62,529,000 | 714 |
| Tier 2 risk-based capital | $9,271,680 | 478 |
| Total risk weighted assets | $741,332,980 | 492 |
| Total unused commitments | $275,376,000 | 382 |
| Derivatives | $155,000,000 | 164 |
| 1998-12-31 | Rank | |
| # of Employees: | 214 | 788 |
| Assets and Liabilities | ||
| Total Assets: | $1,047,603,000 | 511 |
| Cash and due from depository institutions | $49,858,000 | 788 |
| Interest-bearing balances | $3,000 | 6,581 |
| Securities | $297,794,000 | 449 |
| Federal funds sold & reverse repurchase agreements | $4,100,000 | 3,957 |
| Net loans & leases | $599,684,000 | 539 |
| Loan loss allowance | $8,668,000 | 513 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $11,986,000 | 607 |
| Other real estate owned | $2,857,000 | 788 |
| Goodwill and other intangibles | $55,965,000 | 141 |
| All other assets | $25,359,000 | 467 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $1,047,603,000 | 511 |
| Total liabilities | $941,841,000 | 516 |
| Total deposits | $876,273,000 | 452 |
| Interest-bearing deposits | $729,635,000 | 459 |
| Deposits held in domestic offices | $876,273,000 | 449 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $54,124,000 | 451 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $3,209,000 | 2,790 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $8,235,000 | 714 |
| Total equity capital | $105,762,000 | 478 |
| Total bank equity capital | $105,762,000 | 478 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $13,200,000 | 262 |
| Surplus | $87,630,000 | 285 |
| Undivided profits | $4,932,000 | 4,476 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,475,000 | 1,051 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,642 |
| Income earned, not collected on loans | $3,370,000 | 619 |
| Earning assets | $901,581,000 | 542 |
| Long-term assets (5+ years) | $416,206,000 | 270 |
| Average Assets, year-to-date | $845,032,800 | 587 |
| Average Assets, quarterly | $928,259,000 | 558 |
| Volatile liabilities | $95,679,000 | 865 |
| Insider loans | $1,062,000 | 3,401 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $239,889,000 | 393 |
| Tier 1 (core) risk-based capital | $47,836,000 | 878 |
| Tier 2 risk-based capital | $8,466,460 | 514 |
| Total risk weighted assets | $677,115,360 | 511 |
| Total unused commitments | $239,889,000 | 394 |
| Derivatives | $130,000,000 | 190 |
| 1997-12-31 | Rank | |
| # of Employees: | 139 | 1,270 |
| Assets and Liabilities | ||
| Total Assets: | $779,222,000 | 653 |
| Cash and due from depository institutions | $12,872,000 | 1,270 |
| Interest-bearing balances | $1,000 | 6,547 |
| Securities | $241,743,000 | 525 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,160 |
| Net loans & leases | $471,885,000 | 656 |
| Loan loss allowance | $5,340,000 | 782 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $5,839,000 | 1,327 |
| Other real estate owned | $3,027,000 | 1,270 |
| Goodwill and other intangibles | $23,521,000 | 229 |
| All other assets | $20,335,000 | 515 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $779,222,000 | 653 |
| Total liabilities | $701,346,000 | 655 |
| Total deposits | $542,646,000 | 690 |
| Interest-bearing deposits | $470,168,000 | 685 |
| Deposits held in domestic offices | $542,646,000 | 687 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $26,205,000 | 651 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $126,571,000 | 337 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $5,924,000 | 883 |
| Total equity capital | $77,876,000 | 613 |
| Total bank equity capital | $77,876,000 | 613 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $10,000,000 | 339 |
| Surplus | $64,830,000 | 349 |
| Undivided profits | $3,046,000 | 5,971 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,990,000 | 950 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $2,888,000 | 762 |
| Earning assets | $713,629,000 | 648 |
| Long-term assets (5+ years) | $336,334,000 | 272 |
| Average Assets, year-to-date | $730,543,000 | 651 |
| Average Assets, quarterly | $785,498,000 | 640 |
| Volatile liabilities | $171,904,000 | 591 |
| Insider loans | $718,000 | 4,429 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $136,661,000 | 518 |
| Tier 1 (core) risk-based capital | $53,266,000 | 804 |
| Tier 2 risk-based capital | $5,340,000 | 687 |
| Total risk weighted assets | $527,183,000 | 622 |
| Total unused commitments | $136,661,000 | 520 |
| Derivatives | $105,000,000 | 203 |
| 1996-12-31 | Rank | |
| # of Employees: | 141 | 1,319 |
| Assets and Liabilities | ||
| Total Assets: | $643,954,000 | 777 |
| Cash and due from depository institutions | $16,527,000 | 1,319 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $142,568,000 | 869 |
| Federal funds sold & reverse repurchase agreements | $2,670,000 | 4,160 |
| Net loans & leases | $441,688,000 | 728 |
| Loan loss allowance | $3,814,000 | 1,102 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $5,042,000 | 1,570 |
| Other real estate owned | $10,000 | 1,319 |
| Goodwill and other intangibles | $28,111,000 | 196 |
| All other assets | $7,338,000 | 1,163 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $643,954,000 | 777 |
| Total liabilities | $569,841,000 | 795 |
| Total deposits | $522,169,000 | 752 |
| Interest-bearing deposits | $460,642,000 | 738 |
| Deposits held in domestic offices | $522,169,000 | 748 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $18,857,000 | 841 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $27,496,000 | 794 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $1,319,000 | 2,853 |
| Total equity capital | $74,113,000 | 659 |
| Total bank equity capital | $74,113,000 | 659 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $10,000,000 | 367 |
| Surplus | $64,830,000 | 362 |
| Undivided profits | $-717,000 | 11,177 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,235,000 | 1,031 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $2,779,000 | 802 |
| Earning assets | $586,926,000 | 782 |
| Long-term assets (5+ years) | $219,703,000 | 389 |
| Average Assets, year-to-date | $615,774,750 | 784 |
| Average Assets, quarterly | $625,647,000 | 792 |
| Volatile liabilities | $67,635,000 | 1,130 |
| Insider loans | $283,000 | 6,981 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $123,208,000 | 583 |
| Tier 1 (core) risk-based capital | $46,980,000 | 919 |
| Tier 2 risk-based capital | $3,814,000 | 920 |
| Total risk weighted assets | $458,815,800 | 711 |
| Total unused commitments | $123,208,000 | 586 |
| Derivatives | $105,000,000 | 251 |