Overview / Commentary
Millbury National Bank is headquartered in Millbury and is the 108th largest bank in the state of Massachusetts. It is also the 4,068th largest bank in the nation. It was established in 1933 and as of December of 2020, it had grown to 19 employees at 1 location. Millbury National Bank has a B+ health rating.
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Health
B+
Data as of Q4 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Millbury National Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 2616 |
| Year Established | 1933 |
| Employees | 19 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 4.31% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $99.2MM$100.5MM |
| Loans | Q4 2020vs Q4 2019 | $67.8MM$73.9MM |
| Deposits | Q4 2020vs Q4 2019 | $86.4MM$88.9MM |
| Equity Capital | Q4 2020vs Q4 2019 | $9.9MM$9.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $624.00K$518.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $677.00K$2.2MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |