Boston Private Bank & Trust Company

Headquarters

Ten Post Office Square
Boston, MA 02109
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Boston Private Bank & Trust Company is an FDIC insured institution located in Boston, MA. It was founded in 1983 and has approximately $8.71 billion in assets. Customers can open an account at one of its 23 branches.

FDIC Insured Yes
FDIC Certificate # 24811
Date Established 1983
Assets $ 8.71 billion
Loans $ 6.98 billion
Deposits $ 6.88 billion
Capital $ 872.23 million
 

For a more detailed analysis of Boston Private Bank & Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Boston Private Bank & Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Boston Private Bank & Trust Company
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Branches

Boston Private Bank & Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Boston Private Bank & Trust Company Locations


Financial Details

Boston Private Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Boston Private Bank & Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Boston Private Bank & Trust Company U.S. Bank Average
2.59% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Boston Private Bank & Trust Company had $24,314,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $872,230,000 in equity and $68,211,000 in loans loss reserves. That gives it a Texas Ratio of 2.59%.

Return on Equity
Boston Private Bank & Trust Company U.S. Bank Average
1.21% 7.80%

Boston Private Bank & Trust Company has a Return on Equity of 1.21% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Boston Private Bank & Trust Company U.S. Bank Average
10.01% 12.68%

Boston Private Bank & Trust Company has a Capitalization of 10.01% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Boston Private Bank & Trust Company Balance Sheet Analysis

As of March 31, 2020, Boston Private Bank & Trust Company had assets of $8,713,775,000, loans of $6,982,798,000, and deposits of $6,878,145,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 58.63 million
Interest-bearing balances $ 21.49 million
Total securities $ 1,061.64 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 6.98 billion
Loan loss allowance $ 68.21 million
Trading account assets $ 93.39 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 67.24 million
All other assets $ 325.61 million
     Total Assets $ 7.84 billion
LIABILITIES
Total deposits $ 6.88 billion
      Interest-bearing deposits $ 4.85 billion
      Deposits held in domestic offices $ 6.88 billion
      % insured (estimated) 25.45%
Federal funds purchased and repurchase agreements $ 190.32 million
Trading liabilities $ 94.44 million
Other borrowed funds $ 601.86 million
Subordinated debt N.A.
All other liabilities $ 76.79 million
      Total Liabilities $ 7.84 billion
      Shareholders’ Equity $ 872.23 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 73.23 million
Total Interest Expense $ 14.92 million
Net interest income $ 58.31 million
Provision for loan and lease losses $ 16.96 million
Total non interest income $ 19.44 million
Total non interest expense $ 58.04 million
Pre-tax Net Operating Income $ 2.76 million

Bank Loan Profile?

The top three loan types in Boston Private Bank & Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks, Boston Private Bank & Trust Company’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 44.16
Multifamily
Mortgages
8.41
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.93
Construction and Development Loans 2.49
Commercial Real Estate 24.81
Commercial and Industrial Loans 7.38
Farm Loans 0.00

Frequently Asked Questions About Boston Private Bank & Trust Company

Branches and Savings

Is Boston Private Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #24811.

Why does Boston Private Bank & Trust Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Boston Private Bank & Trust Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Boston Private Bank & Trust Company a commercial bank?

Yes

Where are Boston Private Bank & Trust Company locations?

See branch locations nearby.

Is Boston Private Bank & Trust Company open on Saturdays?

Is Boston Private Bank & Trust Company open on Sundays?

What time does Boston Private Bank & Trust Company open?

What time does Boston Private Bank & Trust Company close?

Are Boston Private Bank & Trust Company ATMs Open 24/7?

Do Boston Private Bank & Trust Company ATMs accept cash deposits?

Can Boston Private Bank & Trust Company customers use other ATMs?

Do Boston Private Bank & Trust Company branches have notaries?

Will Boston Private Bank & Trust Company notarize my document?

What address for Boston Private Bank & Trust Company should I put for incoming ACH transfers?

Will the Boston Private Bank & Trust Company branch print checks?

Do Boston Private Bank & Trust Company checks expire?

Does Boston Private Bank & Trust Company require US citizenship to open account?

Can Boston Private Bank & Trust Company close my account?

Does Boston Private Bank & Trust Company Report to credit bureaus?

Does Boston Private Bank & Trust Company Use Equifax?

What is Boston Private Bank & Trust Company's ACH Routing Number?

What is Boston Private Bank & Trust Company's SWIFT code?

Products

Does Boston Private Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Boston Private Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Boston Private Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Boston Private Bank & Trust Company offer student loans?

Will Boston Private Bank & Trust Company cash a check?

Will Boston Private Bank & Trust Company redeem a savings bond?

Does Boston Private Bank & Trust Company cash savings bonds?

Will Boston Private Bank & Trust Company cash money orders?

Can Boston Private Bank & Trust Company issue a money order?

Does Boston Private Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Boston Private Bank & Trust Company?

How long has Boston Private Bank & Trust Company been around?

Can Boston Private Bank & Trust Company transfer to other banks?

Does Boston Private Bank & Trust Company have quick pay?

Does Boston Private Bank & Trust Company accept rolled coins?

Will Boston Private Bank & Trust Company accept loose change?

Where is Boston Private Bank & Trust Company headquarters?

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