Methuen Co-Operative Bank
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Data as of · sourced from FFIEC call reports. How we update
Methuen Co-Operative Bank is an FDIC-insured savings bank headquartered in Methuen, MA, established in 1923 (FDIC certificate 26512), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $141.3M, up 1.7% from Q2 2025, the 86th largest of 89 banks headquartered in Massachusetts. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.36% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 26512
- Headquarters
- Methuen, MA
- Established
- 1923
- Total assets, Q2 2026
- $141.3M
- Assets vs Q2 2025
- +1.7%
- Tier 1 leverage ratio, Q2 2026
- 9.36%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 211371340
- Latest call report
- Q2 2026, FFIEC 051 · Methuen Co-Operative Bank call report
- Asset rank in state
- 86th of 89 in Massachusetts
Methuen Co-Operative Bank spends more to run itself than most banks of its size. It reported $141 million in assets at June 30, 2026, up 1.7% from a year earlier. It earns about $0.58 a year on every $100 of assets, about half the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 3.19 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
Earnings jumped: net income for the quarter was $206,000, 34% above the same quarter a year earlier. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.05% of loans from 0.86% a year earlier. Costs are the weak spot: it spends about 77 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
As of June 30, 2026, Methuen Co-Operative Bank reported a return on assets of 0.58%, a nonperforming-loan ratio of 1.05% and a Texas ratio of 8.21%. The figures come from its call report filed with the FFIEC.
Methuen Co-Operative Bank ranks as the 86th largest of the 89 banks based in Massachusetts, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.4% to $141.3M, loans rose 2.4% and deposits fell 1.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 71.2% of total loans, followed by owner-occupied commercial real estate loans at 11.9%. Its one office in the FDIC Summary of Deposits is in Methuen, MA. Judged on its Q2 2026 call report, Methuen Co-Operative Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 243 Broadway, Methuen, MA 01844
- County
- Essex
- Metro Area
- Boston-Cambridge-Newton, MA-NH
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1923
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 16
- Domestic deposits
- $127.6M
- Allowance for credit losses
- $364K
- Net charge-offs (YTD)
- $0
- Average total assets
- $142.3M
- Average total loans
- $106.7M
- Average interest-bearing deposits
- $105.7M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- January 23, 1986
- FDIC Cert
- 26512
- Fed RSSD
- 157379
- Website
- WWW.METHUENCOOP.COM →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Methuen Co-Operative Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Methuen Co-Operative Bank's total assets ranged from $132.4M (Q3 2023) to $143.3M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$141.3M total assets against $138.9M; $127.9M total liabilities against $126.2M.
$106.9M net loans and leases against $104.1M; $127.6M total deposits against $125.9M.
$16.4M securities against $15.0M; $15.6M cash and balances due against $17.4M.
$1.6M total interest income against $1.5M; $514K total interest expense against $526K.
$1.1M net interest income against $1.0M.
$36K total noninterest income against $39K; $891K total noninterest expense against $881K.
-$19K provision for credit losses against -$33K.
$206K net income against $154K.
0.58% return on assets against 0.45%; 3.19% net interest margin against 3.01%.
9.36% tier 1 leverage ratio against 9.29%.
Inside the full Methuen Co-Operative Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeMethuen Co-Operative Bank rankings
Its closest position to the top of a national ranking is 810 of 3,640, for Texas Ratio; its furthest is 3,157 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.28% (Q1 2025) to 0.58% (Q2 2026) and its net interest margin ran from 2.74% (Q3 2024) to 3.19% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.36% | 0.58% | 1.05% | 8.21% | 3.19% |
| Q1 2026 | 9.29% | 0.32% | 1.08% | 8.40% | 3.01% |
| Q4 2025 | 9.27% | 0.34% | 1.10% | 8.53% | 3.07% |
| Q3 2025 | 9.30% | 0.41% | 1.09% | 8.72% | 3.04% |
| Q2 2025 | 9.29% | 0.45% | 0.86% | 6.81% | 3.01% |
| Q1 2025 | 9.24% | 0.28% | 0.87% | 6.94% | 2.90% |
| Q4 2024 | 9.00% | 0.33% | 0.89% | 7.13% | 2.76% |
| Q3 2024 | 8.85% | 0.34% | 0.64% | 5.12% | 2.74% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Methuen Co-Operative Bank (main office) | Methuen , MA | 01844 | $127.6M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MA, rank 101 of 112 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 25 applications, 19 loans originated, $7.0M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $284K approved, $142K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Methuen Co-Operative Bank
What are Methuen Co-Operative Bank's total assets?
As of the Q2 2026 filing, Methuen Co-Operative Bank reported total assets of $141.3 million in its FFIEC call report.
Where is Methuen Co-Operative Bank headquartered?
It is headquartered in Methuen, MA, United States.
When was Methuen Co-Operative Bank founded?
It was established in 1923, per the FDIC institution directory.
Is Methuen Co-Operative Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #26512). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Methuen Co-Operative Bank?
Methuen Co-Operative Bank's primary federal regulator is the FDIC.
How many branches does Methuen Co-Operative Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Methuen Co-Operative Bank's Texas Ratio?
Its Texas Ratio is 8.21% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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