Advertisement
Salem Co-Operative Bank
Salem, NH · FDIC Certificate #27824 · Chartered 01/0
Total assets
$580.00M
Total deposits
$405.87M
Total equity
$63.93M
Net loans
$482.98M
Branches (offices)
2
Net income (YTD)
$732.00K
Rank: #1,601 of 4,213 U.S. banks by assets · #10 of 16 in New Hampshire. Assets changed 1.5% and deposits 4.6% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.25% |
| Return on equity | 2.30% |
| Net interest margin (YTD) | 2.45% |
| Equity to assets | 11.02% |
| Tier 1 leverage ratio | 11.89% |
| Uninsured deposits (share of deposits) | 15.3% |
| Noncurrent loans (share of loans) | 0.26% |
| Net charge-offs (share of loans) | 0.04% |
| Loans to deposits | 119.0% |
| Real estate loans (share of loans) | 93.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $452.30M | 93.6% | |
| Commercial & industrial | $15.46M | 3.2% | |
| Consumer / individual | $18.29M | 3.8% | |
| Construction & development | $36.86M | 7.6% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $469.90M | $371.73M | $877.00K | $67.60M |
| Jun 2023 | $511.37M | $380.48M | -$447.00K | $65.90M |
| Jun 2024 | $557.17M | $362.99M | -$1.02M | $64.56M |
| Jun 2025 | $571.65M | $388.20M | -$874.00K | $62.14M |
| Jun 2026 | $580.00M | $405.87M | $732.00K | $63.93M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| New Hampshire | $321.60M | 1 |
| Massachusetts | $84.28M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $405.87M.
Similar-sized banks
Bay State Savings Bank ($580.27M) · Southtrust Bank, N.A. ($578.80M)
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.
Advertisement