Framingham Co-operative Bank

Framingham Co-operative Bank is headquartered in Framingham and is the 70^th largest bank in the state of Massachusetts. It is also the 1,657^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 52 employees at 2 locations. Framingham Co-operative Bank has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Framingham Co-operative Bank FDIC Certificate # 26395 BankRate Report View Year Established 1889 Employees 52 Primary Regulator FDIC Assets and Liabilities Assets $402.34 million Loans $326.39 million Deposits $307.37 million Equity Capital $91.23 million Loan Loss Allowance $4.19 million Unbacked Noncurrent Loans $6.68 million Real Estate Owned $3.89 million Historic Data - March 2011 Assets $389.69 million Equity Capital $82.43 million Loan Loss Allowance $3.38 million Unbacked Noncurrent Loans $4.51 million Real Estate Owned $5.94 million Profit Margin - Quarterly Net Interest Margin 4.39% Return on Assets 1.31% Return on Equity 5.8% Interest Income $4.95 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 March 31, 2012 Framingham Co-operative Bank had $10.56 million in non-current loans and owned real-estate with $95.42 million in equity and loan loss allowances on hand to cover it. This gives Framingham Co-operative Bank a Texas Ratio of 11.07% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Framingham Co-operative Bank held steady from 12.18% as of March 31, 2011 to 11.07% as of March 31, 2012, resulting in a positive change of 9.13%.This indicates that the balance sheet and financial strength for Framingham Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Framingham Co-operative Bank has increased its total deposits by $4.19 million, resulting in 1.38% 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 Framingham 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. Framingham Co-operative Bank has $402.34 million in assets with $95.42 million in equity, resulting in a capitalization level of 23.72%, which is excellent.

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