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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 : |
2025-09-30 |
| Salem, New Hampshire, 3079 |
Updated : |
2025-10-28 |
| 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 : |
51 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 579,613 |
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Total Interest Income | 18,963 |
| Total Liabilities | 516,473 |
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Total NonInterest Income | 640 |
| Total Bank Equity Capital | 63,140 |
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Total Interest Expense | 10,933 |
| Total Deposits | 405,220 |
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Total NonInterest Expense | 9,400 |
| Net Loans & Leases | 477,492 |
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Net Income | (638) |
| Loan Loss Allowance | 3,004 |
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Net Charge Offs | 275 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 70,404 |
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Total loans | 479,827 |
| Total assets for the leverage ratio | 584,237 |
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Loans secured by real estate: | 433,376 |
| Tier 1 Leverage Ratio | 11.52 |
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Commercial and industrial loans | 17,587 |
| Tier 1 Capital Ratio | 17.82 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 18.64 |
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Loans to individuals - Other | 28,864 |
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