Needham Bank, Financial Information

AboutNeedham Bank

 Address:
1063 Great Plain Avenue
Needham,MA
Norfolk County,Massachusetts
 Established:
Jan 1892
 Number of domestic offices:
11
Total assets$2,664M
Net income$14M
Net income,quarterly$4M
Total deposits$2,206M
Domestic deposits$2,206M
Equity capital$307M
ROA0.56%
ROAQ,quarterly0.63%
ROA,pretax0.63%
ROAQ,quarterly,pretax0.86%
ROE4.75%
ROEQ,quarterly5.37%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.