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 Reading Co-operative Bank
Reading Co-operative Bank
| RSSD ID 1008674 | CERTIFICATE 26620 | ABA NUMBER 211372404 |
| 180 Haven St |
Quarter Ended : |
2025-06-30 |
| Reading, Massachusetts, 01867 |
Updated : |
2025-07-30 |
| www.readingcoop.com |
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| Institution Profile |
| Year Opened : |
1886 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
13 |
Number of Employees : |
119 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,211,985 |
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Total Interest Income | 24,463 |
| Total Liabilities | 1,144,408 |
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Total NonInterest Income | 2,017 |
| Total Bank Equity Capital | 67,577 |
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Total Interest Expense | 11,240 |
| Total Deposits | 1,058,148 |
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Total NonInterest Expense | 12,778 |
| Net Loans & Leases | 961,956 |
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Net Income | 1,552 |
| Loan Loss Allowance | 6,056 |
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Net Charge Offs | 309 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 83,174 |
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Total loans | 899,380 |
| Total assets for the leverage ratio | 1,111,335 |
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Loans secured by real estate: | 830,248 |
| Tier 1 Leverage Ratio | 6.92 |
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Commercial and industrial loans | 44,459 |
| Tier 1 Capital Ratio | 9.82 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 10.62 |
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Loans to individuals - Other | 23,679 |
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:· Reading Co-operative Bank
