Methuen Co-operative Bank

Methuen, MA
IDRSSD: 157379
Total Assets
$138.46M
Latest filing
Total Deposits
$125.07M
Latest filing
Net Interest Margin
3.09%
Profitability

Key People

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Locations

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Main Office
Methuen Co-operative Bank
243 Broadway
Methuen, MA 01844
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1923FDIC Certificate 33214

Branches (0)

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NameAddressCity / State
No branch data available.
Methuen Co-operative Bank (Main)243 BroadwayMethuen, MA

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1923
Community BankYes
Ownership TypeMutual
ZIP01844
State and County Number25009
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number01
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameBoston-Cambridge-Newton, MA-NH

Operational Info

Number of Employees18
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance01/23/1986
Primary Insurance AgencyDIF
WebsiteWWW.METHUENCOOP.COM
Data Updated01/30/2026
CERT26512
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$138.46M
Total Deposits$125.07M
Total Liabilities$125.46M
Total Equity Capital$13.00M
Net Income$118.00k
Net Loans and Leases$103.46M
Assets Per Employee ($Millions)$8.14M
Bank Premises and Fixed Assets$1.52M
Cash and Balances due from Depository Institutions$13.64M
Deposits Held in Domestic Offices$125.07M

Key Performance Ratios

Return on Assets (ROA)0.34%
Return on Equity (ROE)3.65%
Net Interest Margin3.09%
Efficiency Ratio85.38%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.39%
Earning Assets to total Assets98.07%

Income and Expense

Total Interest Income$1.62M
Total Noninterest Income$42.00k
Total Interest Expense$560.00k
Total Noninterest Expense$940.00k
Net Interest Income$1.06M
Pre-tax Net Operating Income$155.00k
Provision for Credit Losses$4.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$3.50M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$385.00k
Total Liabilities and Capital$138.46M

Securities

Securities$15.49M
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$15.49M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Methuen Co-operative Bank?
$138.46M as of the latest filing.
How much are Methuen Co-operative Bank's total deposits?
$125.07M in total deposits.
Where is Methuen Co-operative Bank located?
Methuen, MA.
What is the Net Interest Margin?
3.09%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1923.
What is the Return on Assets (ROA)?
0.34%.
How much are total loans and leases?
$103.46M (latest filing).
What is the total interest income (latest filing)?
$1.62M.