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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 : |
2025-03-31 |
Reading, Massachusetts, 1867 |
Updated : |
2025-04-28 |
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 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
14 |
Number of Employees : |
98 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 922,342 |
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Total Interest Income | 11,118 |
Total Liabilities | 866,769 |
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Total NonInterest Income | 711 |
Total Bank Equity Capital | 55,573 |
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Total Interest Expense | 5,168 |
Total Deposits | 799,292 |
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Total NonInterest Expense | 5,829 |
Net Loans & Leases | 724,336 |
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Net Income | 541 |
Loan Loss Allowance | 4,789 |
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Net Charge Offs | 106 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 76,317 |
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Total loans | 734,802 |
Total assets for the leverage ratio | 924,173 |
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Loans secured by real estate: | 665,548 |
Tier 1 Leverage Ratio | 7.71 |
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Commercial and industrial loans | 46,294 |
Tier 1 Capital Ratio | 11.54 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.36 |
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Loans to individuals - Other | 22,393 |
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