Commonwealth Co-Operative Bank
Boston, MA — Domestic Branch of a Domestic Bank
Acquired Jan 2009
Vitals
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Total Assets45.1M 9.5 %
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Total Deposits40.8M 10.8 %
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Total Net Loans31.7M 8.9 %
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Net Income
-
Book Value4.0M -7.7 %
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Book Value x27.9M -7.7 %
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Book Value x311.9M -7.7 %
Balance Sheet Highlights
Financial Highlights | Commonwealth Co-Operative Bank | All Insured Savings Banks in Massachusetts |
Balance Sheet $(000) | ||
Total Assets | 45,097 | 431,635 |
Total Net Loans | 31,696 | 292,861 |
Total Deposits | 40,770 | 318,568 |
Total Equity | 3,960 | 42,805 |
Profitability | ||
Net Income | — | 1,940 |
Return on Average Assets | — | .415 |
Return on Average Equity | — | 3.989 |
Net Interest Margin | 2.905 | 2.981 |
Efficiency Ratio | 124.369 | 81.266 |
Noninterest Income/Revenue | 1.556 | 8.863 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 77.743 | 92.817 |
Securities/Assets | .255 | .305 |
Total Equity/Total Assets | .088 | .099 |
Tangible Equity/Tangible Assets | .088 | .046 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 3,632 | 41,947 |
Tier 2 Capital | 193 | 2,916 |
Total Capital | 3,825 | 44,825 |
Total Risk Weighted Assets | 21,194 | 280,692 |
Leverage Ratio | 8.41 | 9.732 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.14 | 15.352 |
Total Capital Ratio | 18.05 | 16.332 |
Timeline for Commonwealth Co-Operative Bank
Commonwealth Co-Operative Bank
Commonwealth Co-Operative Bank was acquired by Commonwealth Co-Operative Bank 15 years
View Profile Jan 01 2009Commonwealth Co-Operative Bank
Commonwealth Co-Operative Bank was established 97 years ago and is currently headquartered in Boston, MA.
Jan 01 1927Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Commonwealth Co-Operative Bank | Buyer | 183,359 | Discontinued | 1/1/2009 |
Relationships | Role | Relationship Start | Relationship End |
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