Hometown Bank, A Cooperative Bank in city_name, state_name - Detailed Financial Reports, Location

Hometown Bank, A Cooperative Bank in Webster, Massachusetts (MA)
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Hometown Bank, A Cooperative Bank routing number info

Hometown Bank, A Cooperative Bank - Overview

General
FDIC Certificate #: 26523
Status: Active
Federal Reserve ID: 1004470
Date Established: January 01, 1889
WWW: http://www.hometowncoop.com
Trust Powers Granted: Yes
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 33225
Numeric code: 42
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 03, 1986
Last Structure Change Effective Date: April 01, 2011
Last Structure Change Process Date: April 11, 2011
Last Data Update: April 11, 2011
Data Source Date: April 05, 2012
Location
Address: 218 Main Street, Webster, MA 1570
County: Worcester
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Worcester, MA-CT (#9240)
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): Worcester, MA (#49340)
CBSA Metro Statistical Area: Worcester, MA (#49340)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $301.7 mil
Equity capital: $33.2 mil
Deposits held in domestic offices: $250.6 mil
Return on assets (ROA): 1.33% ($4.0 mil)
Quarterly return on assets: 0.64% ($1.9 mil)
Return on Equity (ROE): 12.25% ($4.0 mil)
Quarterly return on equity: 5.90% ($1.9 mil)
Net income: $3.6 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.91% ($5,763.0 mil)
Quarterly Pretax return on assets: 1.14% ($3,439.7 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, 2011)

Dollar figures in thousands
60Total employees (full-time equivalent)
$301,730Total assets
$9,677Cash and due from depository institutions
$5,781Interest-bearing balances
$19,649Securities
$2,159Federal funds sold & reverse repurchase agreements
$248,292Net loans & leases
$2,999Loan loss allowance
$0Trading account assets
$4,088Bank premises and fixed assets
$2,685Other real estate owned
$0Goodwill and other intangibles
$301,730Life insurance assets
$15,180All other assets
$268,553Total liabilities and capital
$250,644Total liabilities
$235,368Total deposits
$250,644Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$17,399Trading liabilities
$0Other borrowed funds
$510Subordinated debt
$33,177All other liabilities
$33,177Total equity capital
$33,177Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$1,313Surplus
$31,864Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,673Income earned, not collected on loans
$0Earning assets
$1,009Long-term assets (5+ years)
$275,881Average Assets, year-to-date
$106,889Average Assets, quarterly
$270,837Volatile liabilities
$303,482Insider loans
$208,786FHLB advances
$302,599Loans and leases held for sale
$6,465Unused loan commitments
$3,091Tier 1 (core) risk-based capital
$32,927Tier 2 risk-based capital
$292Total risk weighted assets
$3,082Total unused commitments
$29,760Restructured Loans and leases
$2,591Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$13,089Total interest income
$2,507Total interest expense
$10,582Net interest income
$1,042Provision for loan and lease losses
$2,986Total noninterest income
$9Fiduciary activities
$1,002Service charges on deposit accounts
$0Trading account gains & fees
$1,975Additional noninterest income
$7,357Total noninterest expense
$3,421Salaries and employee benefits
$566Premises and equipment expense
$3,370Additional noninterest expense
$5,169Pre-tax net operating income
$8Securities gains (losses)
$1,584Applicable income taxes
$3,593Income before extraordinary items
$0Extraordinary gains - net
$3,593Net income attributable to bank
$0Net charge-offs
$3,593Cash dividends
$792Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.22%Yield on earning assets
1.00%Cost of funding earning assets
4.22%Net interest margin
1.19%Noninterest income to earning assets
2.94%Noninterest expense to earning assets
1.32%Net operating income to assets
1.33%Return on assets (ROA)
1.91%Pretax return on assets
12.25%Return on equity (ROE)
12.25%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
131.57%Credit loss provision to net charge-offs
7.84%Efficiency ratio
54,223Assets per employee
5.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
44.94%Noncurrent assets plus other real estate owned to assets
3.10%Noncurrent loans to loans
2.66%Net loans and leases to deposits
99.06%Net loans and leases to core deposits
108.82%Equity capital to assets
11.00%Core capital (leverage) ratio
10.88%Tier 1 risk-based capital ratio
15.77%Total risk-based capital ratio
Memoranda
$17Average assets
$270,837Average earning assets
$29,326Average equity
$250,612Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$910Managed Assets
1Number of Accounts
$910Personal trust and agency accounts
$910Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
210Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Massachusetts Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	33225	Hometown Bank, A Cooperative Bank	218 Main Street, Webster, MA 1570	January 01, 1889	Full Service Brick and Mortar
1	362282	Sturbridge Branch	331 Main Stret, Sturbridge, MA 1566	September 29, 2001	Full Service Brick and Mortar
2	364208	Oxford Branch	31 Sutton Avenue, Oxford, MA 1540	June 19, 2000	Full Service Brick and Mortar
3	39440	Athol-Clinton Branch	90 Exchange Street, Athol, MA 1331	January 01, 1889	Full Service Brick and Mortar
4	261516	South Lancaster Branch	131 Main Street, South Lancaster, MA 1561	January 01, 1964	Full Service Brick and Mortar

Hometown Bank, A Cooperative Bank in Webster, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Hometown Bank, A Cooperative Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Hometown Bank, A Cooperative Bank in Webster, Massachusetts (MA)Overview, Financial Summary, Detailed Financial Reports, Branches

Hometown Bank, A Cooperative Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Hometown Bank, A Cooperative Bank in Webster, Massachusetts (MA)
Overview, Financial Summary, Detailed Financial Reports, Branches