Bank Safety Analysis
Is The Pittsfield Co-operative Bank Safe? Pittsfield, Massachusetts
Based on its Q3 2026 call report, The Pittsfield Co-operative Bank meets every capital ratio test for well capitalized, its Texas ratio is 0.77%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer: is The Pittsfield Co-operative Bank safe?
On its Q3 2026 call report, The Pittsfield Co-operative Bank's CET1 ratio is 18.30%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q3 2026): 18.30%
- Tier 1 leverage ratio (Q3 2026): 13.08%
- Texas ratio (Q3 2026): 0.77%
- Noncurrent loans ratio (Q3 2026): 0.12%
The Pittsfield Co-operative Bank is an FDIC-insured savings bank (FDIC Certificate #26393). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report The Pittsfield Co-operative Bank (FDIC Certificate #26393) filed for the quarter ended September 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
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The Pittsfield Co-operative Bank is outside the pass range on 1 of 5 safety dimensions: operating efficiency. Capital and leverage are above their regulatory minimums. The failed band is a BankRegReports band, not a supervisory threshold. 1 risk screen is flagged: loan-to-deposit ratio.
Return on assets dropped 0.46 percentage points in Q3 2026, from 0.27% to -0.19%. It was the largest change from Q2 2026 among the key lines here. The Pittsfield Co-operative Bank ranks 8th of 55 Massachusetts banks on CET1 ratio, in the upper half at 18.30% (Q3 2026). The median for banks in the $100M-1B asset tier is 15.24% on CET1 ratio. The Pittsfield Co-operative Bank sits 3.06 points higher, at 18.30% (Q3 2026).
From Q4 2023 to Q3 2026, The Pittsfield Co-operative Bank's CET1 ratio ranged between 18.30% (Q3 2026) and 22.96% (Q2 2024) and its Texas ratio ranged between 0.77% (Q3 2026) and 2.74% (Q4 2024). Between Q3 2025 and Q3 2026, The Pittsfield Co-operative Bank's CET1 ratio fell from 20.45% to 18.30%, nonperforming loan ratio (nonaccrual plus 90+ days past due) fell from 0.49% to 0.12%, Texas ratio fell from 2.56% to 0.77% and return on assets rose from -0.20% to -0.19%.
The Pittsfield Co-operative Bank ranks as the 71st largest of the 89 banks based in Massachusetts, by total assets at Q3 2026. 1-4 family residential loans are its largest loan category, $234.7M of $357.9M in total loans on its September 30, 2026 call report. Against the 2,730 banks with $100M to $1B in assets for Q3 2026, The Pittsfield Co-operative Bank's CET1 ratio of 18.30% is above the 15.24% median, Tier 1 leverage ratio of 13.08% is above the 11.09% median, nonperforming loans ratio of 0.12% is below the 0.43% median, Texas ratio of 0.77% is below the 2.96% median, and efficiency ratio of 105.52% is above the 61.25% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
The Pittsfield Co-operative Bank's 12-month failure risk score is <0.01 out of 100, on the model's 1-year horizon. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. How the failure model was trained and tested.
How does The Pittsfield Co-operative Bank score on capital, credit and costs?
Peer cohort: $100M to $1B (2,646 banks) · Industry averages as of Q3 2026.
Median of the 2,730 banks with $100M to $1B in assets, Q3 2026: 15.24%.
Median of the 2,730 banks with $100M to $1B in assets, Q3 2026: 11.09%.
Median of the 2,730 banks with $100M to $1B in assets, Q3 2026: 0.43%.
Median of the 2,730 banks with $100M to $1B in assets, Q3 2026: 2.96%.
Median of the 2,730 banks with $100M to $1B in assets, Q3 2026: 61.25%.
Does The Pittsfield Co-operative Bank trip any risk screens?
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | 18.30% | Within range |
| Texas ratio BankRegReports band | 0.77% | Within range |
| Nonperforming loan ratio BankRegReports band | 0.12% | Within range |
| Uninsured deposit share BankRegReports band | — | Not reported |
| Loan-to-deposit ratio BankRegReports band | 104.41% | Flagged |
| Commercial real estate to capital supervisory threshold | 81.80% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Within range |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q3 2026 | 18.30% |
| Q2 2026 | 18.63% |
| Q1 2026 | 19.09% |
| Q4 2025 | 19.35% |
| Q3 2025 | 20.45% |
| Q2 2025 | 21.69% |
| Q1 2025 | 20.75% |
| Q4 2024 | 21.77% |
| Q3 2024 | 21.32% |
| Q2 2024 | 22.96% |
| Q1 2024 | 21.79% |
| Q4 2023 | 21.84% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 0.77% |
| Q2 2026 | 2.16% |
| Q1 2026 | 1.99% |
| Q4 2025 | 1.94% |
| Q3 2025 | 2.56% |
| Q2 2025 | 2.43% |
| Q1 2025 | 2.07% |
| Q4 2024 | 2.74% |
| Q3 2024 | 2.71% |
| Q2 2024 | 2.68% |
| Q1 2024 | 1.73% |
| Q4 2023 | 2.14% |
Loans by type, Q3 2026
- 1-4 family residential loans: $234.7M
- Owner-occupied commercial real estate loans: $34.9M
- Commercial and industrial loans: $32.1M
- Non-owner-occupied commercial real estate loans: $24.8M
- Multifamily loans: $18.4M
- Construction and land development loans: $8.2M
- Auto loans: $2.6M
- Loans to nondepository financial institutions: $1.9M
How have The Pittsfield Co-operative Bank's safety ratios changed?
| Quarter end | Total assets | CET1 | Leverage | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | $459.9M | 18.30% | 13.08% | 0.12% | 0.77% | 105.52% |
| Jun 30, 2026 | $451.5M | 18.63% | 13.41% | 0.36% | 2.16% | 91.32% |
| Mar 31, 2026 | $444.7M | 19.09% | 13.71% | 0.34% | 1.99% | 95.47% |
| Dec 31, 2025 | $432.0M | 19.35% | 14.11% | 0.35% | 1.94% | 104.31% |
| Sep 30, 2025 | $414.7M | 20.45% | 14.58% | 0.49% | 2.56% | 109.03% |
| Jun 30, 2025 | $422.9M | 21.69% | 14.85% | 0.48% | 2.43% | 103.34% |
| Mar 31, 2025 | $404.2M | 20.75% | 14.90% | 0.42% | 2.07% | 98.80% |
| Dec 31, 2024 | $395.9M | 21.77% | 15.06% | 0.56% | 2.74% | 98.43% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is The Pittsfield Co-operative Bank FDIC insured?
Yes. The Pittsfield Co-operative Bank is an FDIC-insured savings bank (FDIC Certificate #26393). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is The Pittsfield Co-operative Bank well capitalized?
On its Q3 2026 call report, The Pittsfield Co-operative Bank's CET1 ratio is 18.30%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are The Pittsfield Co-operative Bank's key safety ratios?
For Q3 2026, The Pittsfield Co-operative Bank reports CET1 18.30%, leverage 13.08%, Texas ratio 0.77%, noncurrent loans 0.12%. Its Texas ratio compares with the 2.96% median for the 2,730 banks with $100M to $1B in assets.
What happens to my deposits if The Pittsfield Co-operative Bank fails?
For Q3 2026, The Pittsfield Co-operative Bank reported $342.8M in total deposits. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Where does this data come from?
Not investment advice. See the full The Pittsfield Co-operative Bank profile.
How we score this
Capital categories follow Prompt Corrective Action (12 CFR 324.403): well capitalized at a CET1 ratio of 6.5%, Tier 1 risk-based 8%, total risk-based 10% and Tier 1 leverage 5%; adequately capitalized at 4.5%, 6%, 8% and 4%. A community bank may elect the community bank leverage ratio instead.
The Pittsfield Co-operative Bank fails or is near these bands: Efficiency Ratio, pass ≤ 75% (lower is better) and fail ≥ 90%. Every ratio's definition, bands and risk screen.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 26393) · FFIEC NIC profile (RSSD 1000276)
Explore: Full The Pittsfield Co-operative Bank profile · Other banks in MA · Metric glossary · How the call report works
Ratio definitions: loan to deposit ratio, net interest margin, efficiency ratio, CET1 ratio, tier 1 capital and PPNR.