Pilgrim Co-operative Bank
Cohasset, MA · Cert 26590 · Peer group: banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area (n=29)
FDIC · 10 branches
Q2 2024
$1.3BAssets
$1.1BLoans
$969.8MDeposits
$237.0MEquity
Executive Summary
- Strongest standing: equity / assets outperforms 90% of banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 3 of 29).
- Widest gap: nonperforming loans / loans trails 83% of banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area (rank 25 of 29).
- Overall: at or above the peer median on 6 of 9 directional measures.
Return on Assets
0.81%
Rank 7 of 29
Net Interest Margin
3.07%
Rank 8 of 29
Efficiency Ratio
64.20%
Rank 5 of 29
Equity / Assets
17.59%
Rank 3 of 29
Non-interest income vs. expense
Unfavorable gap of $23.3M · efficiency ratio beats 86% of banks $1B-$10B in assets in the Boston-Cambridge-Newton, MA-NH area | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.81% | 0.34% | 0.49% | 0.67% | Beats 76% | 7 / 29 | |
| Return on Equity | 4.63% | 3.75% | 5.07% | 5.84% | Beats 38% | 18 / 29 | |
| Net Interest Margin | 3.07% | 2.01% | 2.27% | 3.07% | Beats 72% | 8 / 29 | |
| Efficiency Ratio | 64.20% | 66.93% | 77.14% | 87.02% | Beats 86% | 5 / 29 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.89% | 0.11% | 0.21% | 0.53% | Beats 17% | 25 / 29 | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.00% | 0.02% | Beats 41% | 18 / 29 | |
| Capital |
| Tier 1 Capital Ratio | 15.07% | 12.64% | 13.66% | 15.85% | Beats 66% | 10 / 29 | |
| Total Risk-Based Capital Ratio | 15.66% | 13.58% | 14.88% | 16.94% | Beats 62% | 11 / 29 | |
| Equity / Assets | 17.59% | 9.10% | 9.80% | 11.67% | Beats 90% | 3 / 29 | |
| Liquidity & Funding |
| Loans / Deposits | 111.58% | 94.85% | 104.75% | 108.73% | 79th pctl | 6 / 29 | |
| Loans / Assets | 80.32% | 78.61% | 80.41% | 84.31% | 45th pctl | 16 / 29 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |