The Cooperative Bank in Roslindale, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Cooperative Bank - Overview

  • General
  • FDIC Certificate #: 26922
    Status: Active
    Federal Reserve ID: 714978
    Date Established: January 01, 1898
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 8441
    FDIC's unique #: 36310
    Numeric code: 42
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: March 18, 1987
    Last Structure Change Effective Date: October 04, 2007
    Last Structure Change Process Date: October 04, 2007
    Last Data Update: October 04, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 40 Belgrade Avenue, Roslindale, MA 2131
    County: Suffolk
    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
    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: $280.0 mil
    Equity capital: $28.2 mil
    Deposits held in domestic offices: $239.4 mil
    Return on assets (ROA): 0.36% ($1.0 mil)
    Quarterly return on assets: 0.32% ($0.9 mil)
    Return on Equity (ROE): 3.60% ($1.0 mil)
    Quarterly return on equity: 3.17% ($0.9 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.44% ($1,232.2 mil)
    Quarterly Pretax return on assets: 0.46% ($1,288.2 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
  • 60Total employees (full-time equivalent)
  • $280,047Total assets
  • $23,016Cash and due from depository institutions
  • $16,958Interest-bearing balances
  • $54,899Securities
  • $1,330Federal funds sold & reverse repurchase agreements
  • $179,365Net loans & leases
  • $1,568Loan loss allowance
  • $0Trading account assets
  • $8,362Bank premises and fixed assets
  • $0Other real estate owned
  • $417Goodwill and other intangibles
  • $280,047Life insurance assets
  • $12,658All other assets
  • $251,802Total liabilities and capital
  • $239,375Total liabilities
  • $198,519Total deposits
  • $239,375Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,000Trading liabilities
  • $0Other borrowed funds
  • $1,427Subordinated debt
  • $28,245All other liabilities
  • $28,245Total equity capital
  • $28,245Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $28,245Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $185Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,465Income earned, not collected on loans
  • $0Earning assets
  • $739Long-term assets (5+ years)
  • $252,552Average Assets, year-to-date
  • $84,958Average Assets, quarterly
  • $278,308Volatile liabilities
  • $280,039Insider loans
  • $162,289FHLB advances
  • $277,258Loans and leases held for sale
  • $6,820Unused loan commitments
  • $4,348Tier 1 (core) risk-based capital
  • $26,512Tier 2 risk-based capital
  • $2,472Total risk weighted assets
  • $0Total unused commitments
  • $26,210Restructured Loans and leases
  • $767Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,792Total interest income
  • $2,031Total interest expense
  • $8,761Net interest income
  • $150Provision for loan and lease losses
  • $1,248Total noninterest income
  • $0Fiduciary activities
  • $416Service charges on deposit accounts
  • $0Trading account gains & fees
  • $832Additional noninterest income
  • $9,033Total noninterest expense
  • $5,617Salaries and employee benefits
  • $1,234Premises and equipment expense
  • $2,182Additional noninterest expense
  • $826Pre-tax net operating income
  • $402Securities gains (losses)
  • $231Applicable income taxes
  • $997Income before extraordinary items
  • $0Extraordinary gains - net
  • $997Net income attributable to bank
  • $0Net charge-offs
  • $997Cash dividends
  • $323Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.30%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 3.60%Return on equity (ROE)
  • 3.60%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 46.44%Credit loss provision to net charge-offs
  • 3.02%Efficiency ratio
  • 90,249Assets per employee
  • 4.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 45.25%Noncurrent assets plus other real estate owned to assets
  • 1.24%Noncurrent loans to loans
  • 1.92%Net loans and leases to deposits
  • 74.93%Net loans and leases to core deposits
  • 80.84%Equity capital to assets
  • 10.09%Core capital (leverage) ratio
  • 9.56%Tier 1 risk-based capital ratio
  • 16.34%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $278,308Average earning assets
  • $27,661Average equity
  • $250,750Average loans

List of branches

  • 4 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036310The Cooperative Bank40 Belgrade Avenue, Roslindale, MA 2131January 01, 1898Full Service Brick and Mortar
    1260491West Roxbury Branch36 Springs Street, West Roxbury, MA 2132November 28, 1994Full Service Brick and Mortar
    235393Charlestown Branch201 Main Street, Charlestown, MA 2129January 01, 1913Full Service Brick and Mortar
    3419407Westwood Branch265 Washington Street, Westwood, MA 2090June 02, 2003Full Service Brick and Mortar

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