The Lowell Five Cent Savings Bank

The Lowell Five Cent Savings Bank is headquartered in Lowell and is the 36^th largest bank in the state of Massachusetts. It is also the 807^th largest bank in the nation. It was established in 1854 and as of December of 2012, it had grown to 199 employees at 15 locations. The Lowell Five Cent Savings Bank has a 5-star health rating.

The Lowell Five Cent Savings Bank Checking Account Rates

The Lowell Five Cent Savings Bank Savings Account Rates

The Lowell Five Cent Savings Bank Money Market Rates

The Lowell Five Cent Savings Bank CD Rates

The Lowell Five Cent Savings Bank IRA Rates

Data for Q4 2012

Institution Statistics The Lowell Five Cent Savings Bank FDIC Certificate # 90227 BankRate Report View Year Established 1854 Employees 199 Primary Regulator FDIC Assets and Liabilities Assets $825.85 million Loans $504.57 million Deposits $683.65 million Equity Capital $109.70 million Loan Loss Allowance $4.25 million Unbacked Noncurrent Loans $6.18 million Historic Data - December 2011 Assets $738.35 million Equity Capital $106.33 million Loan Loss Allowance $3.48 million Unbacked Noncurrent Loans $5.84 million Profit Margin - Quarterly Net Interest Margin 3.19% Return on Assets 0.44% Return on Equity 3.24% Interest Income $27.46 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 December 31, 2012 The Lowell Five Cent Savings Bank had $6.18 million in non-current loans and owned real-estate with $113.95 million in equity and loan loss allowances on hand to cover it. This gives The Lowell Five Cent Savings Bank a Texas Ratio of 5.42% 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 The Lowell Five Cent Savings Bank held steady from 5.32% as of December 31, 2011 to 5.42% as of December 31, 2012, resulting in a negative change of 1.89%. This indicates that the balance sheet and financial strength for The Lowell Five Cent Savings Bank has held steady in recent periods. Deposit Growth In the past year, The Lowell Five Cent Savings Bank has increased its total deposits by $82.41 million, resulting in 13.71% 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 The Lowell Five Cent Savings 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. The Lowell Five Cent Savings Bank has $825.84 million in assets with $113.95 million in equity, resulting in a capitalization level of 13.80%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.