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Reading Co-Operative Bank
Reading, MA · FDIC Certificate #26620 · Chartered 01/0
Total assets
$1.19B
Total deposits
$1.02B
Total equity
$77.04M
Net loans
$963.87M
Branches (offices)
13
Net income (YTD)
$2.50M
Rank: #901 of 4,213 U.S. banks by assets · #42 of 89 in Massachusetts. Assets changed -2.1% and deposits -4.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.42% |
| Return on equity | 6.60% |
| Net interest margin (YTD) | 3.32% |
| Equity to assets | 6.49% |
| Tier 1 leverage ratio | 7.35% |
| Uninsured deposits (share of deposits) | 31.0% |
| Noncurrent loans (share of loans) | 0.06% |
| Net charge-offs (share of loans) | 0.08% |
| Loans to deposits | 94.9% |
| Real estate loans (share of loans) | 94.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $908.73M | 94.3% | |
| Commercial & industrial | $39.08M | 4.1% | |
| Consumer / individual | $21.54M | 2.2% | |
| Construction & development | $52.57M | 5.5% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $706.47M | $639.86M | $3.64M | $53.85M |
| Jun 2023 | $858.40M | $700.95M | $755.00K | $51.66M |
| Jun 2024 | $918.21M | $688.31M | $630.00K | $52.07M |
| Jun 2025 | $1.21B | $1.06B | $1.55M | $67.58M |
| Jun 2026 | $1.19B | $1.02B | $2.50M | $77.04M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $1.02B | 13 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.02B.
Similar-sized banks
Evolve Bank & Trust ($1.19B) · First State Bank ($1.18B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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