The Pittsfield Co-operative Bank: how it compares with its peers
Against 28 MA banks with half to twice its assets, The Pittsfield Co-operative Bank's strongest measure in Q2 2026 is net interest margin (3.13% vs. a 3.06% peer median). Its weakest relative measure is assets per employee ($6.2M vs. $8.1M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.20% | 0.44% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.13% | 3.06% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 93.62% | 83.91% | Bottom third Ahead of 21% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.2M | $8.1M | Bottom third Ahead of 4% of peers |
| Loans to deposits Net loans and leases over total deposits. | 104.95% | 89.88% | Context |
What it means for lending operations
Its efficiency ratio of 93.62% is above the 83.91% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- North Brookfield Savings Bank North Brookfield, MA · $449M
- The National Grand Bank of Marblehead Marblehead, MA · $445M
- Seamen's Bank Provincetown, MA · $478M
- Dean Co-operative Bank Franklin, MA · $494M
- Winter Hill Bank, FSB Somerville, MA · $408M
- BankGloucester Gloucester, MA · $387M
Questions about The Pittsfield Co-operative Bank
How big is The Pittsfield Co-operative Bank?
The Pittsfield Co-operative Bank, established in 1889, is headquartered in Pittsfield, MA. It reported $452M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is The Pittsfield Co-operative Bank's return on assets?
0.20% annualized in Q2 2026, against a 0.44% median for 28 MA banks with half to twice its assets, ahead of 21% of them.
What is The Pittsfield Co-operative Bank's efficiency ratio?
93.62% in Q2 2026: it spent about 94 cents in noninterest expense for each dollar of revenue. The peer median is 83.91%, and lower is better.
Is The Pittsfield Co-operative Bank growing its loans?
Net loans grew 19.8% over the year to Q2 2026, while deposits grew 4.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Massachusetts bank ranked.