click here to the PDF file.

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Kevin MacLeod, former owner of Yoken’s Restaurant, was
there with family and friends, and had the honor of flipping
the switch for the sign’s official illumination.
Newburyport
Office
1 Main
63 State Street, Newburyport, MA 01950
Avenue Office
2 Storey
21 Storey Avenue, Newburyport, MA 01950
Amesbury
Street Office
3 Friend
40 Friend Street, Amesbury, MA 01913
Street Office
4 Main
43 Main Street, Amesbury, MA 01913
Newbury
Office
5 Newbury
27 High Road, Newbury, MA 01951
Salisbury
Office
6 Salisbury
6 Merrill Street, Crossroads Plaza,
Salisbury, MA 01952
Portsmouth
Street Office
7 State
254 State Street, Portsmouth, NH 03801
Common Office
8 Yoken's
1390B Lafayette Road, Portsmouth, NH 03801
2015
Assets
Cash and Due
from Banks
$
Short-term
Investments
2,431 $
12,017
Total Cash and
Cash Equivalents
14,448
Certificates of
Deposit
11,649
Securities Available
for Sale
108,774
2015
Liabilities and
Equity Capital
2,456
Deposits
5,970
Securities Sold
Under Agreements
to Repurchase
8,426
Federal Home Loan
Bank Advances
8,949
Mortgagors’ Escrow
Accounts
106,879
Accrued Expenses
and Other Liabilities
6,183
Loans Held for Sale
Loans, net
Premises and
Equipment, net
$
1,012
100,310
-
562,595
551,417
1,962
Bank-Owned Life
Insurance
7,449
Net Deferred Tax
Asset
Other Real Estate
Owned
Other Assets
$
12,657
2,052
1,519
114,282
Retained Earnings
25,042
$
24,750
2,150
Dividend Income
859
824
10,445
9,289
610,667
591,600
158
125
28,072
27,849
3,619
3,493
Interest Expense
Deposits
Federal Home Loan
Bank Advances
$
$
2,013
Total Interest and
Dividend Income
113,747
Other Income
Interest on Debt
Securities
1,296
118,783
Accumulated Other
Comprehensive
Income
Total Liabilities
and Equity Capital
Interest and Fees
on Loans
1,361
3,197
120,144
116,944
Securities Sold
Under Agreement
to Repurchase
730,811 $
708,544
Total Interest Expense
983
3,496
-
-
1,108
884
708,544
Net Interest Income
Provision for
Loan Losses
Net Interest Income,
after Provision for
Loan Losses
1,255
4
5
4,606
4,753
23,466
23,096
630
477
22,836
2015
2014
($ in thousands)
7,182
4,526
730,811 $
465,214
2015
Interest and
Dividend Income
Interest on Short-term
Investments and
Certificates of Deposit
1,530
Total Equity Capital
Accrued Interest
Receivable
497,370 $
6,602
-
12,117
2014
($ in thousands)
Total Liabilities
Federal Home Loan
Bank Stock, at cost
Total Assets
2014
($ in thousands)
22,619
2014
($ in thousands)
Customer Service Fees
303
302
Net Gain on Securities
Available for Sale
477
890
Net Gain on Sales of
Mortgage Loans
252
102
Bank-Owned Life
Insurance Income
268
288
Miscellaneous
640
485
1,940
2,067
Total Other Income
Operating Expenses
Salaries and
Employee Benefits
10,179
9,656
Occupancy and Equipment
2,050
2,093
Data Processing
1,576
1,323
Charitable Contributions
295
275
Marketing
551
429
Deposit Insurance
376
339
Other General and
Administrative
2,038
2,436
17,065
16,551
Income before
Income Taxes
7,711
8,135
Provision for Income Taxes
2,675
2,860
5,036 $
5,275
Total Operating Expenses
Net Income
$