The Pittsfield Co-operative Bank

The Pittsfield Co-operative Bank is headquartered in Pittsfield and is the 107^th largest bank in the state of Massachusetts. It is also the 2,735^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 50 employees at 4 locations. The Pittsfield Co-operative Bank has a 5-star health rating.

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Data for Q1 2012

Institution Statistics The Pittsfield Co-operative Bank FDIC Certificate # 26393 BankRate Report View Year Established 1889 Employees 50 Primary Regulator FDIC Assets and Liabilities Assets $234.49 million Loans $168.99 million Deposits $187.21 million Equity Capital $39.18 million Loan Loss Allowance $1.78 million Unbacked Noncurrent Loans $861,000 Historic Data - March 2011 Assets $225.23 million Equity Capital $38.14 million Loan Loss Allowance $1.88 million Unbacked Noncurrent Loans $966,000 Real Estate Owned $852,000 Profit Margin - Quarterly Net Interest Margin 3.55% Return on Assets 0.4% Return on Equity 2.4% Interest Income $2.39 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 The Pittsfield Co-operative Bank had $861,000 in non-current loans and owned real-estate with $40.96 million in equity and loan loss allowances on hand to cover it. This gives The Pittsfield Co-operative Bank a Texas Ratio of 2.10% 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 Pittsfield Co-operative Bank decreased significantly from 4.54% as of March 31, 2011 to 2.10% as of March 31, 2012, resulting in a positive change of 53.72%.This indicates that the balance sheet and financial strength for The Pittsfield Co-operative Bank has improved significantly in recent periods. Deposit Growth In the past year, The Pittsfield Co-operative Bank has increased its total deposits by $8.58 million, resulting in 4.8% 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 Pittsfield 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. The Pittsfield Co-operative Bank has $234.49 million in assets with $40.96 million in equity, resulting in a capitalization level of 17.47%, which is excellent.

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