Sharon Co-Operative Bank Financial Statements & Health Reports

Acquired May 2007

Vitals

ROAA

ROAE

Efficiency Ratio

103.687

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	Sharon Co-Operative Bank	All Insured Savings Banks in Massachusetts
Balance Sheet $(000)
Total Assets	67,472	371,700
Total Net Loans	39,751	243,463
Total Deposits	60,173	279,845
Total Equity	7,216	40,002
Profitability
Net Income	—	567
Return on Average Assets	—	.493
Return on Average Equity	—	4.673
Net Interest Margin	2.551	2.956
Efficiency Ratio	103.687	82.446
Noninterest Income/Revenue	3.926	8.094
Balance Sheet Ratios
Loan-to-Deposit	66.061	87.693
Securities/Assets	.163	.32
Total Equity/Total Assets	.107	.108
Tangible Equity/Tangible Assets	.107	.063
Capital Adequacy
Tier 1 Common Capital	—	—
Tier 1 Capital	7,091	38,483
Tier 2 Capital	176	2,702
Total Capital	7,267	41,469
Total Risk Weighted Assets	35,323	235,386
Leverage Ratio	11.38	10.282
Common Equity Tier 1 Capital Ratio	—	—
Tier 1 Capital Ratio	20.07	16.854
Total Capital Ratio	20.57	17.966

Sharon Co-Operative Bank was acquired by Eastern Bank 17 years

View Profile May 12 2007

Sharon Co-Operative Bank was established 112 years ago and is currently headquartered in Sharon, MA.

Jan 01 1912

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Eastern Bank	Buyer	9,965,949	Acquisition	Discontinued	5/12/2007

Relationships	Role	Relationship Start	Relationship End

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