Bridgewater Co-Operative Bank
Bridgewater, MA — Domestic Branch of a Domestic Bank
Acquired Nov 2007
Vitals
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Total Assets12.6M -10.0 %
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Total Deposits11.2M -11.0 %
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Total Net Loans6.3M -8.9 %
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Net Income
-
Book Value1.5M 0.5 %
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Book Value x22.9M 0.5 %
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Book Value x34.4M 0.5 %
Balance Sheet Highlights
Financial Highlights | Bridgewater Co-Operative Bank | All Insured Savings Banks in Massachusetts |
Balance Sheet $(000) | ||
Total Assets | 12,618 | 395,142 |
Total Net Loans | 6,252 | 262,085 |
Total Deposits | 11,152 | 292,823 |
Total Equity | 1,465 | 42,289 |
Profitability | ||
Net Income | — | 1,832 |
Return on Average Assets | — | .484 |
Return on Average Equity | — | 4.599 |
Net Interest Margin | 4.565 | 2.954 |
Efficiency Ratio | 100.228 | 82.205 |
Noninterest Income/Revenue | 6.715 | 7.991 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 56.062 | 89.668 |
Securities/Assets | .126 | .316 |
Total Equity/Total Assets | .116 | .107 |
Tangible Equity/Tangible Assets | .116 | .06 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 1,465 | 40,466 |
Tier 2 Capital | 75 | 2,815 |
Total Capital | 1,540 | 43,584 |
Total Risk Weighted Assets | 5,391 | 252,538 |
Leverage Ratio | 11.12 | 10.285 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 27.17 | 16.623 |
Total Capital Ratio | 28.57 | 17.745 |
Timeline for Bridgewater Co-Operative Bank
Mechanics Cooperative Bank
Bridgewater Co-Operative Bank was acquired by Mechanics Cooperative Bank 16 years
View Profile Nov 01 2007Bridgewater Co-Operative Bank
Bridgewater Co-Operative Bank was established 122 years ago and is currently headquartered in Bridgewater, MA.
Jan 01 1902Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Mechanics Cooperative Bank | Buyer | 502,557 | Acquisition | Discontinued | 11/1/2007 |
Relationships | Role | Relationship Start | Relationship End |
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