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 Salem Co-operative Bank
Salem Co-operative Bank
| RSSD ID 670878 | CERTIFICATE 27824 | ABA NUMBER 211472977 |
| 3 S Broadway |
Quarter Ended : |
2025-03-31 |
| Salem, New Hampshire, 3079 |
Updated : |
2025-04-22 |
| www.salemcoop.com |
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| Institution Profile |
| Year Opened : |
1922 |
Institution Type : |
State Stock Savings and Loans |
| 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 : |
2 |
Number of Employees : |
54 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 575,397 |
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Total Interest Income | 6,164 |
| Total Liabilities | 513,304 |
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Total NonInterest Income | 197 |
| Total Bank Equity Capital | 62,093 |
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Total Interest Expense | 3,741 |
| Total Deposits | 382,749 |
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Total NonInterest Expense | 3,884 |
| Net Loans & Leases | 470,321 |
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Net Income | (905) |
| Loan Loss Allowance | 2,896 |
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Net Charge Offs | 44 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 70,087 |
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Total loans | 475,315 |
| Total assets for the leverage ratio | 577,868 |
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Loans secured by real estate: | 419,815 |
| Tier 1 Leverage Ratio | 11.6 |
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Commercial and industrial loans | 18,514 |
| Tier 1 Capital Ratio | 17.91 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 18.73 |
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Loans to individuals - Other | 36,986 |
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:· Salem Co-operative Bank
