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Methuen Co-operative Bank
Methuen Co-operative Bank
RSSD ID 157379 | CERTIFICATE 26512 | ABA NUMBER 211371340 |
243 Broadway |
Quarter Ended : |
2025-06-30 |
Methuen, Massachusetts, 01844 |
Updated : |
2025-07-11 |
WWW.METHUENCOOP.COM |
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Institution Profile |
Year Opened : |
1923 |
Institution Type : |
Stock and Mutual Savings bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Mortgage Lending Specialization |
Number of Offices : |
1 |
Number of Employees : |
18 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 138,944 |
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Total Interest Income | 3,073 |
Total Liabilities | 126,204 |
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Total NonInterest Income | 75 |
Total Bank Equity Capital | 12,740 |
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Total Interest Expense | 1,082 |
Total Deposits | 125,926 |
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Total NonInterest Expense | 1,766 |
Net Loans & Leases | 104,094 |
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Net Income | 250 |
Loan Loss Allowance | 394 |
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Net Charge Offs | 1 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 104,099 |
Total assets for the leverage ratio | 137,087 |
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Loans secured by real estate: | 98,473 |
Tier 1 Leverage Ratio | 9.29 |
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Commercial and industrial loans | 4,695 |
Off Balance Sheet Exposures (%) | 10.6 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 931 |
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