Mechanics Cooperative Bank, Financial Information

AboutMechanics Cooperative Bank

 Address:
316 Broadway
Taunton,MA
,Massachusetts
 Established:
Jan 1877
 Number of domestic offices:
11
Total assets$660M
Net income$6M
Net income,quarterly$1M
Total deposits$503M
Domestic deposits$503M
Equity capital$68M
ROA1.0%
ROAQ,quarterly0.67%
ROA,pretax0.67%
ROAQ,quarterly,pretax0.89%
ROE9.89%
ROEQ,quarterly6.56%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.