|
 |
 |
|
Methuen Co-operative Bank
Methuen Co-operative Bank
| RSSD ID 157379 | CERTIFICATE 26512 | ABA NUMBER 211371340 |
| 243 Broadway |
Quarter Ended : |
2025-09-30 |
| Methuen, Massachusetts, 1844 |
Updated : |
2025-10-17 |
| WWW.METHUENCOOP.COM |
|
| 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 |
|
| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
18 |
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 140,966 |
|
Total Interest Income | 4,654 |
| Total Liabilities | 128,083 |
|
Total NonInterest Income | 111 |
| Total Bank Equity Capital | 12,883 |
|
Total Interest Expense | 1,627 |
| Total Deposits | 127,774 |
|
Total NonInterest Expense | 2,657 |
| Net Loans & Leases | 105,274 |
|
Net Income | 393 |
| Loan Loss Allowance | 378 |
|
Net Charge Offs | 1 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 104,739 |
| Total assets for the leverage ratio | 138,490 |
|
Loans secured by real estate: | 98,754 |
| Tier 1 Leverage Ratio | 9.3 |
|
Commercial and industrial loans | 5,074 |
| Off Balance Sheet Exposures (%) | 10.58 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 911 |
|
|
|
|