Greenfield Co-operative Bank

Greenfield Co-operative Bank is headquartered in Greenfield and is the 86^th largest bank in the state of Massachusetts. It is also the 2,066^th largest bank in the nation. It was established in 1905 and as of March of 2012, it had grown to 55 employees at 5 locations. Greenfield Co-operative Bank has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Greenfield Co-operative Bank FDIC Certificate # 26397 BankRate Report View Year Established 1905 Employees 55 Primary Regulator FDIC Assets and Liabilities Assets $315.42 million Loans $178.45 million Deposits $262.90 million Equity Capital $36.42 million Loan Loss Allowance $1.68 million Unbacked Noncurrent Loans $3.11 million Real Estate Owned $125,000 Historic Data - March 2011 Assets $293.74 million Equity Capital $34.91 million Loan Loss Allowance $1.57 million Unbacked Noncurrent Loans $1.71 million Profit Margin - Quarterly Net Interest Margin 2.75% Return on Assets 0.34% Return on Equity 2.93% Interest Income $2.54 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 March 31, 2012 Greenfield Co-operative Bank had $3.23 million in non-current loans and owned real-estate with $38.1 million in equity and loan loss allowances on hand to cover it. This gives Greenfield Co-operative Bank a Texas Ratio of 8.48% 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 Greenfield Co-operative Bank held steady from 4.68% as of March 31, 2011 to 8.48% as of March 31, 2012, resulting in a negative change of 81.38%. This indicates that the balance sheet and financial strength for Greenfield Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Greenfield Co-operative Bank has increased its total deposits by $17.22 million, resulting in 7.01% 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 Greenfield 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. Greenfield Co-operative Bank has $315.42 million in assets with $38.1 million in equity, resulting in a capitalization level of 12.08%, which is excellent.

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