Equitable Co-operative Bank

Equitable Co-operative Bank is headquartered in Lynn and is the 134^th largest bank in the state of Massachusetts. It is also the 4,846^th largest bank in the nation. It was established in 1877 and as of December of 2012, it had grown to 23 employees at 2 locations. Equitable Co-operative Bank has a 5-star health rating.

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Data for Q4 2012

Institution Statistics Equitable Co-operative Bank FDIC Certificate # 26453 BankRate Report View Year Established 1877 Employees 23 Primary Regulator FDIC Assets and Liabilities Assets $101.59 million Loans $65.54 million Deposits $83.90 million Equity Capital $10.81 million Loan Loss Allowance $640,000 Unbacked Noncurrent Loans $574,000 Historic Data - December 2011 Assets $101.43 million Equity Capital $9.38 million Loan Loss Allowance $525,000 Unbacked Noncurrent Loans $184,000 Profit Margin - Quarterly Net Interest Margin 3.32% Return on Assets 0.92% Return on Equity 9.26% Interest Income $3.74 million

Institution Health Overall Score: 5 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, 2012 Equitable Co-operative Bank had $574,000 in non-current loans and owned real-estate with $11.45 million in equity and loan loss allowances on hand to cover it. This gives Equitable Co-operative Bank a Texas Ratio of 5.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Equitable Co-operative Bank held steady from 1.86% as of December 31, 2011 to 5.01% as of December 31, 2012, resulting in a negative change of 170.00%. This indicates that the balance sheet and financial strength for Equitable Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Equitable Co-operative Bank has increased its total deposits by $4.74 million, resulting in 5.99% 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 Equitable Co-operative Bank has shown is excellent. 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. Equitable Co-operative Bank has $101.59 million in assets with $11.45 million in equity, resulting in a capitalization level of 11.27%, which is above average.

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