Brookline Co-operative Bank in Brookline, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 08, 2007

  • Brookline Co-operative Bank in Brookline, Massachusetts (MA)
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Brookline Co-operative Bank - Overview

  • General
  • FDIC Certificate #: 26537
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Peoples Federal Savings Bank (#29861)
    Federal Reserve ID: 870678
    Date Established: January 01, 1895
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13017
    FDIC's unique #: 35225
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 10, 1986
    Last Structure Change Effective Date: September 08, 2007
    Last Structure Change Process Date: September 28, 2007
    Last Data Update: September 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 264 Washington Street, Brookline, MA 2445
    County: Norfolk
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: South Boston
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Boston, MA-NH (#1120)
    Consolidated Metropolitan Statistical Area (CMSA): Boston-Worcester-Lawrence, MA-NH-ME-CT (#7)
    Combined Statistical Area (CSA): Boston-Worcester-Manchester, MA-RI-NH (#148)
    Core Based Statistical Area (CBSA): Boston-Cambridge-Quincy, MA-NH (#14460)
    CBSA Metro Statistical Area: Boston-Cambridge-Quincy, MA-NH (#14460)
    Core Based Statistical Division: Boston-Quincy, MA (#14484)
  • Financial Summary
  • Total assets: $61.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2006)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $61,160Total assets
  • $1,468Cash and due from depository institutions
  • $75Interest-bearing balances
  • $1,466Securities
  • $3,579Federal funds sold & reverse repurchase agreements
  • $51,628Net loans & leases
  • $380Loan loss allowance
  • $0Trading account assets
  • $331Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $1,256Life insurance assets
  • $2,688All other assets
  • $61,160Total liabilities and capital
  • $52,814Total liabilities
  • $48,088Total deposits
  • $44,167Interest-bearing deposits
  • $48,088Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,000Other borrowed funds
  • $0Subordinated debt
  • $726All other liabilities
  • $8,346Total equity capital
  • $8,346Total bank equity capital
  • $8,346Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $8,346Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,802Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3Earning assets
  • $0Long-term assets (5+ years)
  • $273Average Assets, year-to-date
  • $56,748Average Assets, quarterly
  • $23,222Volatile liabilities
  • $60,989Insider loans
  • $61,929FHLB advances
  • $7,270Loans and leases held for sale
  • $2,151Unused loan commitments
  • $4,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,802Total unused commitments
  • $0Restructured Loans and leases
  • $425Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $3,564Total interest income
  • $1,072Total interest expense
  • $2,492Net interest income
  • $45Provision for loan and lease losses
  • $139Total noninterest income
  • $0Fiduciary activities
  • $50Service charges on deposit accounts
  • $0Trading account gains & fees
  • $89Additional noninterest income
  • $1,974Total noninterest expense
  • $1,230Salaries and employee benefits
  • $259Premises and equipment expense
  • $485Additional noninterest expense
  • $612Pre-tax net operating income
  • $0Securities gains (losses)
  • $235Applicable income taxes
  • $377Income before extraordinary items
  • $0Extraordinary gains - net
  • $377Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$5Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.31%Yield on earning assets
  • 1.90%Cost of funding earning assets
  • 4.41%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 3.49%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 4.62%Return on equity (ROE)
  • 4.62%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -900.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,029Assets per employee
  • 4.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.73%Loss allowance to noncurrent loans
  • 12666.67%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 107.36%Net loans and leases to core deposits
  • 123.46%Equity capital to assets
  • 13.65%Core capital (leverage) ratio
  • 13.60%Tier 1 risk-based capital ratio
  • 23.00%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $60,989Average earning assets
  • $8,160Average equity
  • $56,518Average loans

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