Melrose Co-operative Bank

Melrose Co-operative Bank is headquartered in Melrose and is the 123^rd largest bank in the state of Massachusetts. It is also the 3,447^th largest bank in the nation. It was established in 1890 and as of March of 2012, it had grown to 22 employees at 1 location. Melrose Co-operative Bank has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Melrose Co-operative Bank FDIC Certificate # 26511 BankRate Report View Year Established 1890 Employees 22 Primary Regulator FDIC Assets and Liabilities Assets $176.42 million Loans $118.58 million Deposits $156.89 million Equity Capital $18.97 million Loan Loss Allowance $439,000 Unbacked Noncurrent Loans $52,000 Real Estate Owned $205,000 Historic Data - March 2011 Assets $172.06 million Equity Capital $17.64 million Loan Loss Allowance $439,000 Unbacked Noncurrent Loans $262,000 Real Estate Owned $280,000 Profit Margin - Quarterly Net Interest Margin 2.69% Return on Assets 0.69% Return on Equity 6.64% Interest Income $1.44 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 Melrose Co-operative Bank had $257,000 in non-current loans and owned real-estate with $19.4 million in equity and loan loss allowances on hand to cover it. This gives Melrose Co-operative Bank a Texas Ratio of 1.32% 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 Melrose Co-operative Bank decreased significantly from 3.00% as of March 31, 2011 to 1.32% as of March 31, 2012, resulting in a positive change of 55.81%.This indicates that the balance sheet and financial strength for Melrose Co-operative Bank has improved significantly in recent periods. Deposit Growth In the past year, Melrose Co-operative Bank has increased its total deposits by $2.79 million, resulting in 1.81% 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 Melrose 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. Melrose Co-operative Bank has $176.42 million in assets with $19.4 million in equity, resulting in a capitalization level of 11.00%, which is above average.

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