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

Wrentham Co-operative Bank - Overview

  • General
  • FDIC Certificate #: 26576
    Status: Active
    Federal Reserve ID: 948278
    Date Established: January 01, 1901
    WWW: http://www.wrenthamcoop.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 35278
    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 03, 1986
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: July 10, 2008
    Last Data Update: July 10, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 South Street, Wrentham, MA 2093
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $108.3 mil
    Equity capital: $13.7 mil
    Deposits held in domestic offices: $94.3 mil
    Return on assets (ROA): 0.33% ($0.4 mil)
    Quarterly return on assets: 0.42% ($0.5 mil)
    Return on Equity (ROE): 2.66% ($0.4 mil)
    Quarterly return on equity: 3.35% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.41% ($444.0 mil)
    Quarterly Pretax return on assets: 0.54% ($584.7 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
  • 16Total employees (full-time equivalent)
  • $108,287Total assets
  • $35,755Cash and due from depository institutions
  • $33,982Interest-bearing balances
  • $16,244Securities
  • $6Federal funds sold & reverse repurchase agreements
  • $49,614Net loans & leases
  • $419Loan loss allowance
  • $0Trading account assets
  • $1,823Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $108,287Life insurance assets
  • $4,845All other assets
  • $94,611Total liabilities and capital
  • $94,258Total liabilities
  • $88,762Total deposits
  • $94,258Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $353Subordinated debt
  • $13,676All other liabilities
  • $13,676Total equity capital
  • $13,676Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $13,676Surplus
  • $0Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $431Income earned, not collected on loans
  • $0Earning assets
  • $330Long-term assets (5+ years)
  • $99,846Average Assets, year-to-date
  • $52,104Average Assets, quarterly
  • $108,843Volatile liabilities
  • $108,748Insider loans
  • $43,628FHLB advances
  • $109,855Loans and leases held for sale
  • $3,198Unused loan commitments
  • $3,198Tier 1 (core) risk-based capital
  • $13,676Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,222Restructured Loans and leases
  • $1,137Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,366Total interest income
  • $679Total interest expense
  • $2,687Net interest income
  • $30Provision for loan and lease losses
  • $395Total noninterest income
  • $0Fiduciary activities
  • $128Service charges on deposit accounts
  • $0Trading account gains & fees
  • $267Additional noninterest income
  • $2,605Total noninterest expense
  • $1,471Salaries and employee benefits
  • $287Premises and equipment expense
  • $847Additional noninterest expense
  • $447Pre-tax net operating income
  • $0Securities gains (losses)
  • $89Applicable income taxes
  • $358Income before extraordinary items
  • $0Extraordinary gains - net
  • $358Net income attributable to bank
  • $0Net charge-offs
  • $358Cash 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)
  • 3.35%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 2.67%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 2.59%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 2.66%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
  • 84,523Assets per employee
  • 6.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 97.22%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 52.64%Net loans and leases to core deposits
  • 54.15%Equity capital to assets
  • 12.63%Core capital (leverage) ratio
  • 12.45%Tier 1 risk-based capital ratio
  • 31.35%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $108,843Average earning assets
  • $13,478Average equity
  • $100,496Average loans

List of branches

  • 2 Massachusetts Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035278Wrentham Co-Operative Bank102 South Street, Wrentham, MA 2093January 01, 1901Full Service Brick and Mortar
    3365915South Street Branch1005 South Street, Wrentham, MA 2093January 13, 2003Full Service Brick and Mortar

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