Saugusbank, a Co-operative bank

Saugusbank, a Co-operative bank is headquartered in Saugus and is the 112^st largest bank in the state of Massachusetts. It is also the 3,019^st largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 38 employees at 3 locations. Saugusbank, a Co-operative bank has a 4-star health rating.

Saugusbank, a Co-operative bank Routing Number: 211370697

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Data for Q1 2012

Institution Statistics Saugusbank, a Co-operative bank FDIC Certificate # 26574 BankRate Report View Year Established 1911 Employees 38 Primary Regulator FDIC Assets and Liabilities Assets $208.28 million Loans $120.98 million Deposits $169.95 million Equity Capital $16.89 million Loan Loss Allowance $1.98 million Unbacked Noncurrent Loans $2.03 million Real Estate Owned $226,000 Historic Data - March 2011 Assets $198.17 million Equity Capital $16.11 million Loan Loss Allowance $1.64 million Unbacked Noncurrent Loans $2.49 million Real Estate Owned $1.12 million Profit Margin - Quarterly Net Interest Margin 3.05% Return on Assets 0.59% Return on Equity 7.36% Interest Income $2.00 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 Saugusbank, a Co-operative bank had $2.25 million in non-current loans and owned real-estate with $18.87 million in equity and loan loss allowances on hand to cover it. This gives Saugusbank, a Co-operative bank a Texas Ratio of 11.94% 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 Saugusbank, a Co-operative bank decreased significantly from 20.32% as of March 31, 2011 to 11.94% as of March 31, 2012, resulting in a positive change of 41.24%.This indicates that the balance sheet and financial strength for Saugusbank, a Co-operative bank has improved significantly in recent periods. Deposit Growth In the past year, Saugusbank, a Co-operative bank has increased its total deposits by $9.54 million, resulting in 5.95% 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 Saugusbank, a 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. Saugusbank, a Co-operative bank has $208.28 million in assets with $18.87 million in equity, resulting in a capitalization level of 9.06%, which is average.

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