Bank of Cape Cod in Hyannis, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Cape Cod - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Summary
  • Total 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
  • 23Total employees (full-time equivalent)
  • $152,200Total assets
  • $9,270Cash and due from depository institutions
  • $7,597Interest-bearing balances
  • $17,147Securities
  • $534Federal funds sold & reverse repurchase agreements
  • $118,386Net loans & leases
  • $1,434Loan loss allowance
  • $0Trading account assets
  • $1,015Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $152,200Life insurance assets
  • $5,848All other assets
  • $134,650Total liabilities and capital
  • $124,715Total liabilities
  • $112,588Total deposits
  • $124,715Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 1172.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,203Trading liabilities
  • $0Other borrowed funds
  • $560Subordinated debt
  • $17,550All other liabilities
  • $17,550Total equity capital
  • $17,550Total bank equity capital
  • $0Perpetual preferred stock
  • $2,817Common stock
  • $18,147Surplus
  • $-3,414Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $543Income earned, not collected on loans
  • $48Earning assets
  • $331Long-term assets (5+ years)
  • $143,664Average Assets, year-to-date
  • $54,676Average Assets, quarterly
  • $132,539Volatile liabilities
  • $149,930Insider loans
  • $126,568FHLB advances
  • $145,732Loans and leases held for sale
  • $3,028Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,208Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,028Total unused commitments
  • $16,281Restructured Loans and leases
  • $1,379Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,862Total interest income
  • $1,491Total interest expense
  • $4,371Net interest income
  • $400Provision for loan and lease losses
  • $233Total noninterest income
  • $0Fiduciary activities
  • $67Service charges on deposit accounts
  • $0Trading account gains & fees
  • $166Additional noninterest income
  • $3,831Total noninterest expense
  • $2,086Salaries and employee benefits
  • $460Premises and equipment expense
  • $1,285Additional noninterest expense
  • $373Pre-tax net operating income
  • $194Securities gains (losses)
  • $217Applicable income taxes
  • $350Income before extraordinary items
  • $0Extraordinary gains - net
  • $350Net income attributable to bank
  • $0Net charge-offs
  • $350Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.66%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.05%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 2.33%Return on equity (ROE)
  • 2.33%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 83,210Assets per employee
  • 6.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 264.09%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 94.93%Net loans and leases to core deposits
  • 116.55%Equity capital to assets
  • 11.53%Core capital (leverage) ratio
  • 11.12%Tier 1 risk-based capital ratio
  • 12.81%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $132,539Average earning assets
  • $15,005Average equity
  • $125,757Average loans

List of branches

  • 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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