Pittsfield Co-operative Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 21.6 and a capital leverage ratio of 14.9. A current level of 1.8 percent of nonperforming loans to core capital combined with 1.7 percent from a year earlier contributes to the Excellent asset quality (9.2).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10). Weak liquidity 2.7, driven by a liquidity ratio of 23.1 percent and a “hot money” ratio of 28.3 percent.
Asset Mix:
Home mtgs (42%), securities (21%), comm re (14%), comm loans (5%), home eq lns (5%), cash (3%), consumer loans (1%), other (9%)
States with Branches:
MA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
70 South Street
Pittsfield, MA 01201
Pittsfield, MA 01201
Phone Number
(413) 447-7304
Year Founded
1889
FDIC Number
Website
Largest Affiliates
No affiliate information available.