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This institution is no longer active

Operations ceased on September 30, 1994. CRA examination history below reflects the period it was active.

COHASSET SAVINGS BANK

COHASSET, MA · Supervised by FDIC

Est. 1845FDIC #90,182RSSD: FDIC-90182
Needs to Improve

Current rating · Exam: November 1993

At a Glance

Community Lending (CRA)

Needs to Improve

Has deficiencies in community lending that regulators have identified

Financial Health

Adequate

ROA 0.42%

Institution Profile

FDIC BankFind

Address

13 Elm Street, COHASSET, MA

County

Norfolk County

Established

December 17, 1845

Total Assets

$78M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Needs to Improve

Has deficiencies in community lending that regulators have identified

Exam Date

November 1, 1993

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 32 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 1994Call Report / FDIC

Total Assets

$78M

Total Deposits

$65M

Net Loans

$43M

Net Income

$164K

ROA

0.42%

ROE

2.53%

Risk-Based Capital

34.38%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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