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Overview / Commentary
One Merrimack Street
Haverhill, MA 01830

Pentucket Bank is headquartered in Haverhill and is the 47th largest bank in the state of Massachusetts. It is also the 1,064th largest bank in the nation. It was established in 1891 and as of March of 2014, it had grown to 114 employees at 5 locations. Pentucket Bank's money market rates are 48% higher than the national average, and it has a A health rating.

Reviews (1)

Drive Up Window Is Dismal.

Whoever does the hiring at this bank needs their head examined. The smile-less attitudes projected from the miserable tellers at the drive up speaks volumes. I hate this bank like poison...


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Pentucket Bank had $4.78 million in non-current loans and owned real-estate with $79.28 million in equity and loan loss allowances on hand to cover it. This gives Pentucket Bank a Texas Ratio of 6.02% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Pentucket Bank decreased dramatically from 9.51% as of March 31, 2013 to 6.02% as of March 31, 2014, resulting in a positive change of 36.67%.This indicates that the balance sheet and financial strength for Pentucket Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Pentucket Bank has decreased its total deposits by $-280,000, resulting in -0.05% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Pentucket Bank has shown is average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Pentucket Bank has $642.61 million in assets with $79.28 million in equity, resulting in a capitalization level of 12.34%, which is excellent.

Institution Statistics

FDIC Certificate #90208
Year Established1891
Primary RegulatorFDIC
Assets and Liabilities
Assets$642.61 million
Loans$471.68 million
Deposits$535.54 million
Equity Capital$75.15 million
Loan Loss Allowance$4.13 million
Unbacked Noncurrent Loans$4.78 million
Real Estate Owned$0
Historic Data - March 2013
Assets$638.86 million
Equity Capital$70.67 million
Loan Loss Allowance$4.20 million
Unbacked Noncurrent Loans$4.78 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.01%
Return on Assets0.95%
Return on Equity8.24%
Interest Income$5.66 million

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Pentucket Bank Savings Account Rates

0.35%$500k-Money Manager Sweep Investment
0.30%--Premium Statement Savings
0.05%--Business Statement Savings
0.05%--Consumer Statement Savings
0.05%--Passbook Savings Account
0.05%--Christmas Club Accounts
0.05%$25-IRA Variable

Pentucket Bank Money Market Rates

0.65%$100k-Premium Emerald Money Market Account
0.40%$100k-Consumer Emerald Money Market Account
0.40%$100k-Business Emerald Money Market Account

Pentucket Bank Checking Account Rates

0.30%$500-Premium NOW Checking
0.25%$100k-Business Now Advantage
0.05%$500-Pentrucket NOW Checking
0.05%$500-Non-Profit Advantage

Pentucket Bank CD Rates

1.87%$500-5 Year Premium CD
1.61%$500-4 Year Premium CD
1.61%$500-5 Year Consumer CD
1.36%$500-3 Year Premium CD
1.36%$500-4 Year Consumer CD
1.11%$500-3 Year Consumer CD
1.06%$500-2 Year Premium CD
0.80%$500-2 Year Consumer CD
0.60%$500-1 Year Premium CD
0.40%$500-6 Month Premium CD
0.35%$500-1 Year Consumer CD
0.15%$500-6 Month Consumer CD

Pentucket Bank IRA Rates

1.87%$500-5 Year Premium IRA CD
1.61%$500-4 Year Premium IRA CD
1.61%$500-5 Year IRA CD
1.36%$500-4 Year IRA CD
1.36%$500-3 Year Premium IRA CD
1.11%$500-3 Year IRA CD
1.06%$500-2 Year Premium IRA CD
0.80%$500-2 Year IRA CD
0.60%$500-1 Year Premium IRA CD
0.35%$500-1 Year IRA CD

Pentucket Bank Locations
Stadium Branch120 Lincoln AvenueHaverhill, MA 1830
Hampstead Nh Branch201 Route 111Hampstead, NH 3841
Salem Nh Branch234 North BroadwaySalem, NH 3079
Lowell Avenue Branch395 Lowell AvenueHaverhill, MA 1830
Pentucket BankOne Merrimack StreetHaverhill, MA 1830