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


  • The Northampton Co-operative Bank in Northampton, Massachusetts (MA)
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The Northampton Co-operative Bank - Overview

  • General
  • FDIC Certificate #: 26454
    Status: Active
    Federal Reserve ID: 149271
    Date Established: January 01, 1889
    WWW: http://www.northamptoncoop.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14252
    FDIC's unique #: 33102
    Numeric code: 15
    Regulator: FED
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: December 04, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 67 King Street, Northampton, MA 1060
    County: Hampshire
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Springfield Ma
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Springfield, MA (#8000)
    Core Based Statistical Area (CBSA): Springfield, MA (#44140)
    CBSA Metro Statistical Area: Springfield, MA (#44140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $155.1 mil
    Equity capital: $22.1 mil
    Deposits held in domestic offices: $126.7 mil
    Return on assets (ROA): 0.50% ($0.8 mil)
    Quarterly return on assets: 0.62% ($1.0 mil)
    Return on Equity (ROE): 3.58% ($0.8 mil)
    Quarterly return on equity: 4.39% ($1.0 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.71% ($1,101.5 mil)
    Quarterly Pretax return on assets: 0.93% ($1,442.7 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
  • 29Total employees (full-time equivalent)
  • $155,134Total assets
  • $19,470Cash and due from depository institutions
  • $16,915Interest-bearing balances
  • $39,226Securities
  • $4,309Federal funds sold & reverse repurchase agreements
  • $78,296Net loans & leases
  • $480Loan loss allowance
  • $0Trading account assets
  • $4,918Bank premises and fixed assets
  • $75Other real estate owned
  • $0Goodwill and other intangibles
  • $155,134Life insurance assets
  • $8,840All other assets
  • $132,998Total liabilities and capital
  • $126,667Total liabilities
  • $114,488Total deposits
  • $126,667Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $2,331Subordinated debt
  • $22,136All other liabilities
  • $22,136Total equity capital
  • $22,136Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $22,136Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $441Income earned, not collected on loans
  • $0Earning assets
  • $346Long-term assets (5+ years)
  • $138,746Average Assets, year-to-date
  • $38,020Average Assets, quarterly
  • $154,819Volatile liabilities
  • $155,384Insider loans
  • $77,503FHLB advances
  • $154,322Loans and leases held for sale
  • $4,970Unused loan commitments
  • $4,970Tier 1 (core) risk-based capital
  • $21,184Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,542Restructured Loans and leases
  • $1,713Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,911Total interest income
  • $790Total interest expense
  • $4,121Net interest income
  • $0Provision for loan and lease losses
  • $831Total noninterest income
  • $0Fiduciary activities
  • $294Service charges on deposit accounts
  • $0Trading account gains & fees
  • $537Additional noninterest income
  • $3,854Total noninterest expense
  • $2,122Salaries and employee benefits
  • $450Premises and equipment expense
  • $1,282Additional noninterest expense
  • $1,098Pre-tax net operating income
  • $0Securities gains (losses)
  • $320Applicable income taxes
  • $778Income before extraordinary items
  • $0Extraordinary gains - net
  • $778Net income attributable to bank
  • $0Net charge-offs
  • $778Cash dividends
  • $40Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.56%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 2.99%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 0.50%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 3.58%Return on equity (ROE)
  • 3.58%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 27.45%Efficiency ratio
  • 77,827Assets per employee
  • 5.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 108.84%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 61.81%Net loans and leases to core deposits
  • 66.74%Equity capital to assets
  • 14.27%Core capital (leverage) ratio
  • 13.73%Tier 1 risk-based capital ratio
  • 27.33%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $154,819Average earning assets
  • $21,722Average equity
  • $137,954Average loans

List of branches

  • 4 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    033102The Northampton Co-Operative Bank67 King Street, Northampton, MA 1060January 01, 1889Full Service Brick and Mortar
    2259444Amherst Branch253 Triangle Street, Amherst, MA 1002October 01, 1951Full Service Brick and Mortar
    4441934Florence Office Branch6 Main Street, Florence, MA 1062June 13, 2005Full Service Brick and Mortar
    5508431College Street Branch390 College Street, Amherst, MA 1002April 12, 2010Full Service Brick and Mortar

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