Overview / Commentary
Commonwealth Bank is headquartered in Hyde Park and is the 108th largest bank in the state of Massachusetts. It is also the 3,081st largest bank in the nation. It was established in 1886 and as of March of 2019, it had grown to 22 employees at 3 locations. Commonwealth Bank has an A health rating.
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Health
A
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29842 |
| Year Established | 1886 |
| Employees | 22 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 4.42% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $180.8MM$181.9MM |
| Loans | Q1 2019vs Q1 2018 | $137.1MM$137.1MM |
| Deposits | Q1 2019vs Q1 2018 | $130.0MM$126.3MM |
| Equity Capital | Q1 2019vs Q1 2018 | $27.3MM$25.9MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $818.00K$818.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.1MM$1.2MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Rates
Rates for Commonwealth Bank are currently being reviewed.
Locations
| Commonwealth Bank Locations | ||
|---|---|---|
| Commonwealth Co-Operative Bank | 1172 River St | Hyde Park, MA 02136 |
| Boston Branch | 25 Court Street | Boston, MA 02108 |
| Jamaica Plain Branch | 3815 Washington Street | Jamaica Plain, MA 02130 |