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 Methuen Co-operative Bank
Methuen Co-operative Bank
| RSSD ID 157379 | CERTIFICATE 26512 | ABA NUMBER 211371340 |
| 243 Broadway |
Quarter Ended : |
2025-03-31 |
| Methuen, Massachusetts, 1844 |
Updated : |
2025-04-22 |
| 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 : |
19 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 137,373 |
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Total Interest Income | 1,530 |
| Total Liabilities | 124,787 |
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Total NonInterest Income | 36 |
| Total Bank Equity Capital | 12,586 |
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Total Interest Expense | 556 |
| Total Deposits | 124,501 |
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Total NonInterest Expense | 885 |
| Net Loans & Leases | 103,469 |
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Net Income | 96 |
| Loan Loss Allowance | 428 |
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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 | 103,923 |
| Total assets for the leverage ratio | 136,140 |
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Loans secured by real estate: | 98,781 |
| Tier 1 Leverage Ratio | 9.24 |
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Commercial and industrial loans | 4,155 |
| Off Balance Sheet Exposures (%) | 9.82 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 987 |
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:· Methuen Co-operative Bank
