How profitable a bank is has an effect on its long-term survivability. Earnings may be retained by the bank, giving a boost to its capital cushion, or be used to deal with problematic loans, likely making the bank more resilient in times of trouble. Obviously, banks that are losing money have less ability to do those things.
On Bankrate's test of earnings, Brighton Bank scored 0 out of a possible 30, falling short of the national average of 15.12.
One key way to measure a bank's earnings is return on equity, or net income (profit, essentially) divided by total equity. Brighton Bank's most recent annualized quarterly return on equity was 21.62 percent, above the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank earned net income of $685,000 on total equity of $3.5 million. The bank experienced an annualized return on average assets, or ROA, of 1.20 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.