Bank of Cape Cod in Hyannis, Massachusetts (MA)



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Bank of Cape Cod routing number info

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Bank of Cape Cod
GeneralFDIC Certificate #: 58270
Status: Active
Federal Reserve ID: 3464827
Bank Holding Company (Regulatory Top Holder): New England Bancorp Inc (RSSDID: 4128368, Location: Hyannis, MA)
Date Established: August 28, 2006
WWW: http://www.bankofcapecod.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 445000
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: August 28, 2006
Last Structure Change Effective Date: August 13, 2008
Last Structure Change Process Date: August 13, 2008
Last Data Update: August 13, 2008
Data Source Date: April 05, 2012
LocationAddress: 232 Main Street, Hyannis, MA 2601
County: Barnstable
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: South Boston
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Core Based Statistical Area (CBSA): Barnstable Town, MA (#12700)
CBSA Metro Statistical Area: Barnstable Town, MA (#12700)
Financial SummaryTotal assets: $152.2 mil
Equity capital: $17.6 mil
Deposits held in domestic offices: $124.7 mil
Return on assets (ROA): 0.26% ($0.4 mil)
Quarterly return on assets: 0.36% ($0.5 mil)
Return on Equity (ROE): 2.33% ($0.4 mil)
Quarterly return on equity: 3.06% ($0.6 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.43% ($654.5 mil)
Quarterly Pretax return on assets: 0.55% ($837.1 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)23
Total assets$152,200
Cash and due from depository institutions$9,270
Interest-bearing balances$7,597
Securities$17,147
Federal funds sold & reverse repurchase agreements$534
Net loans & leases$118,386
Loan loss allowance $1,434
Trading account assets$0
Bank premises and fixed assets$1,015
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$5,848
Life insurance assets$152,200
Total liabilities and capital$134,650
Total liabilities$124,715
Total deposits$112,588
Interest-bearing deposits$124,715
Deposits held in domestic offices$87
% insured (estimated)1172.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$8,203
Other borrowed funds $0
Subordinated debt $560
All other liabilities $17,550
Total equity capital$17,550
Total bank equity capital$17,550
Perpetual preferred stock$0
Common stock$2,817
Surplus$18,147
Undivided profits $-3,414
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $543
Earning assets $48
Long-term assets (5+ years) $331
Average Assets, year-to-date $143,664
Average Assets, quarterly $54,676
Volatile liabilities $132,539
Insider loans $149,930
FHLB advances $126,568
Loans and leases held for sale $145,732
Unused loan commitments $3,028
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $16,208
Total risk weighted assets $0
Total unused commitments $3,028
Restructured Loans and leases $16,281
Derivatives$1,379
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,862
Total interest expense $1,491
Net interest income $4,371
Provision for loan and lease losses $400
Total noninterest income $233
Fiduciary activities $0
Service charges on deposit accounts $67
Trading account gains & fees $0
Additional noninterest income $166
Total noninterest expense $3,831
Salaries and employee benefits $2,086
Premises and equipment expense $460
Additional noninterest expense $1,285
Pre-tax net operating income $373
Securities gains (losses) $194
Applicable income taxes $217
Income before extraordinary items $350
Extraordinary gains - net $0
Net income attributable to bank $350
Net charge-offs $0
Cash dividends $350
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.66%
Cost of funding earning assets 1.19%
Net interest margin 3.48%
Noninterest income to earning assets 0.19%
Noninterest expense to earning assets 3.05%
Net operating income to assets 0.17%
Return on assets (ROA) 0.26%
Pretax return on assets 0.43%
Return on equity (ROE) 2.33%
Retained earnings to average equity (YTD only) 2.33%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$83,210
Cash dividends to net income (YTD only)6.62%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.20%
Noncurrent assets plus other real estate owned to assets 264.09%
Noncurrent loans to loans 0.36%
Net loans and leases to deposits0.45%
Net loans and leases to core deposits 94.93%
Equity capital to assets 116.55%
Core capital (leverage) ratio 11.53%
Tier 1 risk-based capital ratio 11.12%
Total risk-based capital ratio 12.81%
Memoranda
Average assets$14
Average earning assets$132,539
Average equity $15,005
Average loans $125,757
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2 Massachusetts Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0445000Bank Of Cape Cod232 Main Street, Hyannis, MA 2601August 28, 2006Full Service Brick and Mortar
1473493Osterville Branch57 West Bay Road, Osterville, MA 2655March 17, 2008Full Service Brick and Mortar
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