Mayflower Co-operative Bank

Mayflower Co-operative Bank is headquartered in Middleboro and is the 104^th largest bank in the state of Massachusetts. It is also the 2,561^st largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 64 employees at 8 locations. Mayflower Co-operative Bank has a 5-star health rating.

Mayflower Co-operative Bank CD Rates

Data for Q1 2012

Institution Statistics Mayflower Co-operative Bank FDIC Certificate # 26553 BankRate Report View Year Established 1889 Employees 64 Primary Regulator FDIC Assets and Liabilities Assets $251.58 million Loans $134.35 million Deposits $227.53 million Equity Capital $21.82 million Loan Loss Allowance $1.22 million Unbacked Noncurrent Loans $562,000 Real Estate Owned $194,000 Historic Data - March 2011 Assets $244.09 million Equity Capital $20.78 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $1.48 million Real Estate Owned $1.21 million Profit Margin - Quarterly Net Interest Margin 3.69% Return on Assets 0.54% Return on Equity 6.18% Interest Income $2.42 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 Mayflower Co-operative Bank had $756,000 in non-current loans and owned real-estate with $23.04 million in equity and loan loss allowances on hand to cover it. This gives Mayflower Co-operative Bank a Texas Ratio of 3.28% 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 Mayflower Co-operative Bank decreased significantly from 12.19% as of March 31, 2011 to 3.28% as of March 31, 2012, resulting in a positive change of 73.07%.This indicates that the balance sheet and financial strength for Mayflower Co-operative Bank has improved significantly in recent periods. Deposit Growth In the past year, Mayflower Co-operative Bank has increased its total deposits by $8.7 million, resulting in 3.98% 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 Mayflower 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. Mayflower Co-operative Bank has $251.58 million in assets with $23.04 million in equity, resulting in a capitalization level of 9.16%, which is average.

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