The Community Bank, A Massachusetts Cooperative Bank in Brockton, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Community Bank, A Massachusetts Cooperative Bank in Brockton, Massachusetts (MA)
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The Community Bank, A Massachusetts Cooperative Bank - Overview

  • General
  • FDIC Certificate #: 26396
    Status: Active
    Federal Reserve ID: 180078
    Bank Holding Company (Regulatory Top Holder): Campello Bancorp (RSSDID: 2297448, Location: Brockton, MA)
    Date Established: January 01, 1878
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 8090
    FDIC's unique #: 33004
    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: Commercial Lending Specialization
    Date of Deposit Insurance: October 16, 1985
    Last Structure Change Effective Date: January 14, 2011
    Last Structure Change Process Date: January 14, 2011
    Last Data Update: January 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1265 Belmont Street, Brockton, MA 2301
    County: Plymouth
    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): Brockton, MA (#1200)
    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: $324.2 mil
    Equity capital: $18.7 mil
    Deposits held in domestic offices: $283.4 mil
    Return on assets (ROA): -1.12% (-$3.6 mil)
    Quarterly return on assets: -0.72% (-$2.3 mil)
    Return on Equity (ROE): -17.87% (-$3.4 mil)
    Quarterly return on equity: -12.23% (-$2.3 mil)
    Net income: -$3.7 mil
    Quarterly Net income: -$0.6 mil
    Pretax return on assets: -0.76% (-$2,463.8 mil)
    Quarterly Pretax return on assets: -0.71% (-$2,301.7 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
  • 71Total employees (full-time equivalent)
  • $324,185Total assets
  • $59,850Cash and due from depository institutions
  • $55,315Interest-bearing balances
  • $15,536Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $226,801Net loans & leases
  • $4,678Loan loss allowance
  • $0Trading account assets
  • $6,910Bank premises and fixed assets
  • $4,495Other real estate owned
  • $8Goodwill and other intangibles
  • $324,185Life insurance assets
  • $10,585All other assets
  • $305,460Total liabilities and capital
  • $283,396Total liabilities
  • $250,766Total deposits
  • $283,396Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,112Trading liabilities
  • $0Other borrowed funds
  • $1,952Subordinated debt
  • $18,725All other liabilities
  • $18,725Total equity capital
  • $18,725Total bank equity capital
  • $0Perpetual preferred stock
  • $3,500Common stock
  • $8,650Surplus
  • $6,575Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,403Income earned, not collected on loans
  • $1,158Earning assets
  • $852Long-term assets (5+ years)
  • $297,652Average Assets, year-to-date
  • $87,317Average Assets, quarterly
  • $326,926Volatile liabilities
  • $325,258Insider loans
  • $199,556FHLB advances
  • $323,765Loans and leases held for sale
  • $2,671Unused loan commitments
  • $2,671Tier 1 (core) risk-based capital
  • $18,322Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,842Restructured Loans and leases
  • $1,220Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,029Total interest income
  • $2,832Total interest expense
  • $11,197Net interest income
  • $1,480Provision for loan and lease losses
  • $1,283Total noninterest income
  • $0Fiduciary activities
  • $854Service charges on deposit accounts
  • $0Trading account gains & fees
  • $429Additional noninterest income
  • $13,523Total noninterest expense
  • $5,449Salaries and employee benefits
  • $1,425Premises and equipment expense
  • $6,649Additional noninterest expense
  • -$2,523Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,156Applicable income taxes
  • -$3,679Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,652Net income attributable to bank
  • -$27Net charge-offs
  • -$3,679Cash dividends
  • $1,947Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 4.51%Noninterest expense to earning assets
  • -1.13%Net operating income to assets
  • -1.12%Return on assets (ROA)
  • -0.76%Pretax return on assets
  • -17.87%Return on equity (ROE)
  • -17.87%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 76.01%Credit loss provision to net charge-offs
  • -0.54%Efficiency ratio
  • 107,580Assets per employee
  • 4.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.02%Loss allowance to noncurrent loans
  • 20.88%Noncurrent assets plus other real estate owned to assets
  • 8.30%Noncurrent loans to loans
  • 9.68%Net loans and leases to deposits
  • 80.03%Net loans and leases to core deposits
  • 94.47%Equity capital to assets
  • 5.78%Core capital (leverage) ratio
  • 5.66%Tier 1 risk-based capital ratio
  • 9.18%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $326,926Average earning assets
  • $20,440Average equity
  • $299,602Average loans

List of branches

  • 5 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    033004The Community Bank, A Massachusetts Cooperative Bank1265 Belmont Street, Brockton, MA 2301January 01, 1878Full Service Brick and Mortar
    2259326Brockton Branch276 Quincy Street, Brockton, MA 2302January 01, 1975Full Service Brick and Mortar
    4259328Sandwich Branch337 Cotuit Road, Sandwich, MA 2563June 05, 1999Full Service Brick and Mortar
    5357403Bridgewater Branch110 Main Street, Bridgewater, MA 2324September 06, 1999Full Service Brick and Mortar
    6443111Lakeville Branch45 Main Street, Lakeville, MA 2347August 08, 2005Full Service Brick and Mortar

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