CRA Public File
At Charles River Bank we are committed to providing financing to individuals in our assessment
area. A means to measure the level of lending is to compare the Bank’s dollar amount of loans to
dollar amount of deposits.
Averaged LTD Ratios for the past 10 years
- 2013 77.65%
- 2014 81.78%
- 2015 81.05%
- 2016* 86.50%
- 2017* 87.97%
- 2018* 92.20%
- 2019* 82.07%
- 2020* 79.44%
- 2021* 67.88%
- 2022* 69.55%
- 2023* 71.86%
*Internal Audit findings in Sep 2016 precipitated a change in ratio calculation from using Gross Loan Balances to using Net Loan Balances.
The following represents the Bank’s LTD Ratios for Q1-Q4 2023:
- Q1 2023 71.93%
- Q2 2023 69.48%
- Q3 2023 71.47%
- Q4 2023 74.55%
The following represents a breakdown of our loan portfolio by category at year-end for the past 3 by years.
| Loan Type | 2022 | 2021 | 2020 |
|---|---|---|---|
| Residential Real Estate Mortgages | $108,468,000 | $101,557,000 | $99,128,000 |
| Construction Loans to Builders | $7,433,000 | $7,226,000 | $4,089,000 |
| Home Equity Loans | $18,505,000 | $15,708,000 | $14,294,000 |
| Consumer and Home Improvement Loans | $6,916,000 | $6,167,000 | $6,070,000 |
| Passbook Secured Loans | $825,000 | $659,000 | $809,000 |
| Commercial Real Estate Loans | $3,533,000 | $51,887,000 | $49,319,000 |
| Secured by Junior Liens | $3,533,000 | $2,326,000 | $3,489,000 |
| Revolving Credit Plans (online) | $33,000 | $21,000 | $27,000 |
| Secured by Multi-Family | $7,642,000 | $8,673,000 | $8,759,000 |
| Commercial and Industrial Loans | $7,632,000 | $6,498,000 | $12,888,000 |
| $215,270,000 | $200,752,000 | $198,872,000 |
