Bristol County Savings Bank reports 2016 profit totaled $14M

Patrick J. Murray Jr.
PATRICK J. MURRAY JR., president and CEO of Bristol County Savings Bank, says the bank is proud of its financial success, having achieved 2016 profit of $14.6 million, which represents 6.4 percent growth. /COURTESY BRISTOL COUNTY SAVINGS BANK
TAUNTON – Bristol County Savings Bank reported 2016 profit grew 6.4 percent to $14.6 million, while assets increased 8 percent to $1.9 billion, according to a recent announcement. The Taunton-based bank released select financial results during its annual meeting held this month. “The bank was able to realize a common equity tier one capital-to-risk ratio…

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