Salem Co-operative Bank

Salem Co-operative Bank is headquartered in Salem and is the 9^th largest bank in the state of New Hampshire. It is also the 1,677^th largest bank in the nation. It was established in 1922 and as of December of 2012, it had grown to 46 employees at 2 locations. Salem Co-operative Bank has a 5-star health rating.

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Data for Q4 2012

Institution Statistics Salem Co-operative Bank OTS # 00349 FDIC Certificate # 27824 BankRate Report View Year Established 1922 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $397.78 million Loans $239.67 million Deposits $272.23 million Equity Capital $59.64 million Loan Loss Allowance $1.86 million Unbacked Noncurrent Loans $1.27 million Historic Data - December 2011 Assets $397.76 million Equity Capital $56.41 million Loan Loss Allowance $1.73 million Unbacked Noncurrent Loans $722,000 Profit Margin - Quarterly Net Interest Margin 3.09% Return on Assets 0.81% Return on Equity 5.6% Interest Income $15.91 million

Institution Health Overall Score: 5 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 December 31, 2012 Salem Co-operative Bank had $1.26 million in non-current loans and owned real-estate with $61.5 million in equity and loan loss allowances on hand to cover it. This gives Salem Co-operative Bank a Texas Ratio of 2.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Salem Co-operative Bank held steady from 1.24% as of December 31, 2011 to 2.06% as of December 31, 2012, resulting in a negative change of 65.62%. This indicates that the balance sheet and financial strength for Salem Co-operative Bank has held steady in recent periods. Deposit Growth In the past year, Salem Co-operative Bank has decreased its total deposits by -$2.2 million, resulting in -0.8% 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 Salem Co-operative Bank has shown is 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. Salem Co-operative Bank has $397.78 million in assets with $61.5 million in equity, resulting in a capitalization level of 15.46%, which is excellent.

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