Overview / Commentary
Leader Bank is headquartered in Arlington and is the 24th largest bank in the state of Massachusetts. It is also the 467th largest bank in the nation. It was established in 2002 and as of March of 2020, it had grown to 247 employees at 7 locations. Leader Bank has an A health rating.
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Reviews (1)
Leader Bank Is Fantastic
Posted by: Shan | Sep 23, 2013
Leader bank is a fantastic bank with excellent service and innovative products.
Health
A
Data as of Q1 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57134 |
| Year Established | 2002 |
| Employees | 247 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.04% |
| Return on Equity - YTD | 19.24% |
| Annual Interest Income | $16.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $1.91B$1.38B |
| Loans | Q1 2020vs Q1 2019 | $1.46B$1.23B |
| Deposits | Q1 2020vs Q1 2019 | $1.51B$1.02B |
| Equity Capital | Q1 2020vs Q1 2019 | $190.8MM$162.9MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $14.5MM$9.8MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $3.8MM$1.1MM |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |