Colonial Co-operative Bank

Colonial Co-operative Bank is headquartered in Gardner and is the 149^th largest bank in the state of Massachusetts. It is also the 5,682^nd largest bank in the nation. It was established in 1915 and as of March of 2012, it had grown to 27 employees at 3 locations. Colonial Co-operative Bank has a 2-star health rating.

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Data for Q1 2012

Institution Statistics Colonial Co-operative Bank FDIC Certificate # 26556 BankRate Report View Year Established 1915 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $73.27 million Loans $57.65 million Deposits $66.85 million Equity Capital $6.06 million Loan Loss Allowance $840,000 Unbacked Noncurrent Loans $2.76 million Real Estate Owned $678,000 Historic Data - March 2011 Assets $79.16 million Equity Capital $6.95 million Loan Loss Allowance $964,000 Unbacked Noncurrent Loans $1.89 million Real Estate Owned $1.63 million Profit Margin - Quarterly Net Interest Margin 3.48% Return on Assets -0.27% Return on Equity -3.29% Interest Income $776,000

Institution Health Overall Score: 2 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 March 31, 2012 Colonial Co-operative Bank had $3.43 million in non-current loans and owned real-estate with $6.9 million in equity and loan loss allowances on hand to cover it. This gives Colonial Co-operative Bank a Texas Ratio of 49.75% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Colonial Co-operative Bank held steady from 44.44% as of March 31, 2011 to 49.75% as of March 31, 2012, resulting in a negative change of 11.96%. This indicates that the balance sheet and financial strength for Colonial Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Colonial Co-operative Bank has decreased its total deposits by -$5.29 million, resulting in -7.33% 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 Colonial Co-operative Bank has shown is poor. 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. Colonial Co-operative Bank has $73.27 million in assets with $6.9 million in equity, resulting in a capitalization level of 9.42%, which is average.

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