Central Co-operative Bank

Central Co-operative Bank is headquartered in Somerville and is the 55^th largest bank in the state of Massachusetts. It is also the 1,298^th largest bank in the nation. It was established in 1915 and as of December of 2011, it had grown to 109 employees at 11 locations. Central Co-operative Bank has a 4-star health rating.

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Data for Q4 2011

Institution Statistics Central Co-operative Bank FDIC Certificate # 26646 BankRate Report View Year Established 1915 Employees 109 Primary Regulator FDIC Assets and Liabilities Assets $520.73 million Loans $417.09 million Deposits $335.08 million Equity Capital $50.35 million Loan Loss Allowance $4.08 million Unbacked Noncurrent Loans $9.84 million Real Estate Owned $320,000 Historic Data - December 2010 Assets $511.99 million Equity Capital $51.46 million Loan Loss Allowance $3.75 million Unbacked Noncurrent Loans $10.06 million Real Estate Owned $132,000 Profit Margin - Quarterly Net Interest Margin 3.49% Return on Assets 0.29% Return on Equity 2.84% Interest Income $22.94 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Central Co-operative Bank had $10.16 million in non-current loans and owned real-estate with $54.43 million in equity and loan loss allowances on hand to cover it. This gives Central Co-operative Bank a Texas Ratio of 18.66% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Central Co-operative Bank held steady from 18.45% as of December 31, 2010 to 18.66% as of December 31, 2011, resulting in a negative change of 1.15%. This indicates that the balance sheet and financial strength for Central Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Central Co-operative Bank has increased its total deposits by $7.94 million, resulting in 2.43% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Central Co-operative Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Central Co-operative Bank has $520.73 million in assets with $54.43 million in equity, resulting in a capitalization level of 10.45%, which is above average.

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