Methuen Co-operative Bank

Methuen Co-operative Bank is headquartered in Methuen and is the 147^th largest bank in the state of Massachusetts. It is also the 5,285^th largest bank in the nation. It was established in 1923 and as of March of 2012, it had grown to 15 employees at 1 location. Methuen Co-operative Bank has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Methuen Co-operative Bank FDIC Certificate # 26512 BankRate Report View Year Established 1923 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $87.55 million Loans $53.20 million Deposits $78.98 million Equity Capital $8.53 million Loan Loss Allowance $583,000 Unbacked Noncurrent Loans $1.31 million Historic Data - March 2011 Assets $85.75 million Equity Capital $8.46 million Loan Loss Allowance $505,000 Unbacked Noncurrent Loans $1.52 million Real Estate Owned $435,000 Profit Margin - Quarterly Net Interest Margin 3.02% Return on Assets 0.13% Return on Equity 1.36% Interest Income $740,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Methuen Co-operative Bank had $1.31 million in non-current loans and owned real-estate with $9.11 million in equity and loan loss allowances on hand to cover it. This gives Methuen Co-operative Bank a Texas Ratio of 14.35% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Methuen Co-operative Bank decreased slightly from 21.77% as of March 31, 2011 to 14.35% as of March 31, 2012, resulting in a positive change of 34.10%.This indicates that the balance sheet and financial strength for Methuen Co-operative Bank has improved slightly in recent periods. Deposit Growth In the past year, Methuen Co-operative Bank has increased its total deposits by $1.73 million, resulting in 2.24% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Methuen Co-operative Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Methuen Co-operative Bank has $87.55 million in assets with $9.11 million in equity, resulting in a capitalization level of 10.41%, which is above average.

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