The Braintree Co-operative Bank in Braintree, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The Braintree Co-operative Bank in Braintree, Massachusetts (MA)
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The Braintree Co-operative Bank routing number info

The Braintree Co-operative Bank - Overview

  • General
  • FDIC Certificate #: 26570
    Status: Active
    Federal Reserve ID: 175672
    Bank Holding Company (Regulatory Top Holder): Braintree Bancorp Mhc (RSSDID: 3441613, Location: Braintree, MA)
    Date Established: January 01, 1889
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 12722
    FDIC's unique #: 35270
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: March 03, 1986
    Last Structure Change Effective Date: Febuary 15, 2012
    Last Structure Change Process Date: Febuary 15, 2012
    Last Data Update: Febuary 15, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 1010 Washington Street, Braintree, MA 2184
    County: Norfolk
    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
    Metropolitan Statistical Area (MSA): Boston, MA-NH (#1120)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Boston-Quincy, MA (#14484)
  • Financial Summary
  • Total assets: $237.1 mil
    Equity capital: $18.2 mil
    Deposits held in domestic offices: $216.6 mil
    Return on assets (ROA): 0.43% ($1.0 mil)
    Quarterly return on assets: 0.28% ($0.7 mil)
    Return on Equity (ROE): 5.80% ($1.0 mil)
    Quarterly return on equity: 3.63% ($0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.58% ($1,375.3 mil)
    Quarterly Pretax return on assets: 0.33% ($782.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 51Total employees (full-time equivalent)
  • $237,122Total assets
  • $12,763Cash and due from depository institutions
  • $7,876Interest-bearing balances
  • $63,223Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $145,143Net loans & leases
  • $1,530Loan loss allowance
  • $0Trading account assets
  • $4,981Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $237,122Life insurance assets
  • $11,012All other assets
  • $218,903Total liabilities and capital
  • $216,596Total liabilities
  • $194,693Total deposits
  • $216,596Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $307Subordinated debt
  • $18,219All other liabilities
  • $18,219Total equity capital
  • $18,219Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $0Surplus
  • $18,209Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,852Income earned, not collected on loans
  • $0Earning assets
  • $704Long-term assets (5+ years)
  • $216,242Average Assets, year-to-date
  • $87,703Average Assets, quarterly
  • $234,159Volatile liabilities
  • $235,540Insider loans
  • $140,107FHLB advances
  • $234,732Loans and leases held for sale
  • $6,508Unused loan commitments
  • $6,508Tier 1 (core) risk-based capital
  • $18,201Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,305Restructured Loans and leases
  • $306Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,594Total interest income
  • $1,778Total interest expense
  • $7,816Net interest income
  • $142Provision for loan and lease losses
  • $995Total noninterest income
  • $0Fiduciary activities
  • $329Service charges on deposit accounts
  • $0Trading account gains & fees
  • $666Additional noninterest income
  • $7,427Total noninterest expense
  • $3,993Salaries and employee benefits
  • $958Premises and equipment expense
  • $2,476Additional noninterest expense
  • $1,242Pre-tax net operating income
  • $110Securities gains (losses)
  • $336Applicable income taxes
  • $1,016Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,016Net income attributable to bank
  • $0Net charge-offs
  • $1,016Cash dividends
  • $242Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 0.40%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 5.80%Return on equity (ROE)
  • 5.80%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 58.68%Credit loss provision to net charge-offs
  • 5.72%Efficiency ratio
  • 84,292Assets per employee
  • 4.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 82.61%Noncurrent assets plus other real estate owned to assets
  • 0.78%Noncurrent loans to loans
  • 1.26%Net loans and leases to deposits
  • 67.01%Net loans and leases to core deposits
  • 70.79%Equity capital to assets
  • 7.68%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 12.99%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $234,159Average earning assets
  • $17,531Average equity
  • $214,335Average loans

List of branches

  • 3 Massachusetts Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    035270The Braintree Co-Operative Bank1010 Washington Street, Braintree, MA 2184January 01, 1889Full Service Brick and Mortar
    2259715Braintree Branch372 Washington Street, Braintree, MA 2184September 15, 1975Full Service Brick and Mortar
    3480443Quincy Branch505 Quincy Ave, Quincy, MA 2169December 17, 2007Full Service Brick and Mortar

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