North Cambridge Co-operative Bank
Overview / Commentary
North Cambridge Co-operative Bank is headquartered in CAMBRIDGE and is the 98th largest bank in the state of Massachusetts. It is also the 3,987th largest bank in the nation. It was established in 1912 and as of September of 2024, it had grown to 9 employees at 1 location. North Cambridge Co-operative Bank has a B+ health rating.
Health
B+
Data as of Q3 2024
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. North Cambridge Co-operative Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26567 |
| Year Established | 1912 |
| Employees | 9 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 3.67% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $82.8MM$85.3MM |
| Loans | Q3 2024vs Q3 2023 | $49.6MM$50.9MM |
| Deposits | Q3 2024vs Q3 2023 | $58.2MM$62.5MM |
| Equity Capital | Q3 2024vs Q3 2023 | $23.8MM$22.1MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $622K$632K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $0$0 |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |