Salem, MA 1970 USA
www.salemfive.com
  • FDIC Certificate #: 23296
  • Reporting Date: 20190331
  • Total Assets: $5,024.08 M
  • Acquired: Sage Bank

Salem Five Cents Savings Bank’s REO Report

Salem Five Cents Savings Bank's bank owned homes total $673,000 1.32% from the previous quarter. Salem Five Cents Savings Bank foreclosures include $0 commercial REO, $0 multifamily REO, $0 farmland and agricultrual REO, and $626,000 in construction loan REOs. To get a Salem Five Cents Savings Bank foreclosures list you must contact an REO asset manager at the REO department. Use the button on the right to find workout officers, asset managers, and other contacts at Salem Five Cents Savings Bank BankProspector helps you easily find the special assets and REO department contacts or any other Salem Five Cents Savings Bank decision maker.

Salem Five Cents Savings Bank Portfolio Info

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Salem Five Cents Savings Bank FDIC Call Report

All of the portfolio and financial information in our reports is pulled directly from FDIC. We take updates from the federal reporting database for all US banks.

Salem Five Cents Savings Bank REO

  • Residential REO $673,000
  • Commercial REO $0
  • Multifamily REO $0
  • Construction REO $626,000
  • Farm & Agricultural REO $0
  • Total REO Assets $1.30 M

Salem Five Cents Savings Bank's Note Sale Indicators

Salem Five Cents Savings Bank's Late and Non-Performing Loan Portfolios

Residential 1st Position Loans

  • Portfolio $1,495.81 M
  • 30-89 $1.37 M
  • 90+ $0
  • Nonaccrual $7.04 M
  • Charge-offs $0
  • NPLs to Loans 0.47%

Residential Junior Position Loans

  • Portfolio $7.83 M
  • 30-89 $16,000
  • 90+ $0
  • Nonaccrual $74,000
  • Charge-offs $0
  • NPLs to Loans 0.94%

HELOCs

  • Portfolio $231.50 M
  • 30-89 $705,000
  • 90+ $0
  • Nonaccrual $969,000
  • Charge-offs $0
  • NPLs to Loans 0.42%

Commercial Real Estate Loans (Non Owner-Occupied)

  • Portfolio $727.25 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $1.04 M
  • Charge-offs $0
  • NPLs to Loans 0.14%

Commercial Real Estate Loans (Owner-Occupied)

  • Portfolio $306.08 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $342,000
  • Charge-offs $0
  • NPLs to Loans 0.11%

Multifamily and Apartment Loans

  • Portfolio $207.81 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0%

Residential Construction Loans

  • Portfolio $38.15 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $2.31 M
  • Charge-offs $0
  • NPLs to Loans 6.05%

Commercial and Development Construction Loans

  • Portfolio $170.49 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0%

Business Loans (C&I)

  • Portfolio $527.79 M
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $1.10 M
  • Charge-offs $222,000
  • NPLs to Loans 0.21%

Non Performing Auto Loans

  • Portfolio $166,000
  • 30-89 $0
  • 90+ $0
  • Nonaccrual $0
  • Charge-offs $0
  • NPLs to Loans 0%