Bristol County Savings Bank is headquartered in Taunton and is the 22nd largest bank in the state of Massachusetts. It is also the 390th largest bank in the nation. It was established in 1846 and as of March of 2019, it had grown to 423 employees at 18 locations. Bristol County Savings Bank has an A+ health rating.
I have mixed feelings about my relationship with this bank. I've been a customer for nearly 20 years. In the beginning, I had a positive relationship. I felt like the bank knew me. This wasn't important to gain any special treatment, I just liked feeling I was being looked out for. Over the years, I feel like the bank has focused less on personal relationships. I feel like I don't get any of the benefits I expect from a small local bank. In fact, I only get the drawbacks (not great hours, I am just another customer). I've also noticed that some of their fees are higher than other local banks (i.e. foreign currency exchange). I have actually contemplated changing banks. Furthermore, there phone app leaves a lot to be desired.
|FDIC Certificate #||23622|
|Return on Assets - YTD||1.04%|
|Return on Equity - YTD||8.12%|
|Annual Interest Income||$20.7MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$2.21B$2.09B|
|Loans||Q1 2019vs Q1 2018||$1.75B$1.67B|
|Deposits||Q1 2019vs Q1 2018||$1.78B$1.68B|
|Equity Capital||Q1 2019vs Q1 2018||$289.6MM$259.5MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$16.0MM$15.3MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$3.7MM$8.0MM|
|Real Estate Owned||Q1 2019vs Q1 2018||$0$1.4MM|
Rates for Bristol County Savings Bank are currently being reviewed.