North Shore Bank A Coop Bank
Peabody, Massachusetts · FDIC Cert #26484
North Shore Bank A Coop Bank is an FDIC-insured bank (Certificate #26484) with $1.7B in total assets and $1.4B in total deposits as of the Q2 2024 Call Report. Headquartered in Peabody, Massachusetts, the bank maintains a Tier 1 capital ratio of 16.66% (Well-Capitalized) and a nonperforming loan ratio of 0.33%. BankHealthData assigns a composite Health Grade of A (81/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
North Shore Bank A Coop Bank (FDIC cert 26484) is a mid-sized bank with $1.7B in total assets and $1.4B in deposits, based in Peabody, Massachusetts. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Capital position is strong: Tier 1 capital ratio of 16.66% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.33% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 16.0% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 1.26% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. North Shore Bank A Coop Bank carries a composite BankHealth grade of A (81/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: North Shore Bank A Coop Bank
- Total Assets
- $1.7B
- Total Deposits
- $1.4B
- Tier 1 Capital Ratio
- 16.66%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.33%
- Liquidity Ratio
- 16.02%
- Return on Assets
- 1.26%
- Headquarters
- Peabody, Massachusetts
- FDIC Certificate
- #26484
- Health Grade
- A (81/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, North Shore Bank A Coop Bank holds a Tier 1 capital ratio of 16.66%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning North Shore Bank A Coop Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
North Shore Bank A Coop Bank shows strong financial health indicators. With $1.7B in assets and a Health Score of 81/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How North Shore Bank A Coop Bank Compares
North Shore Bank A Coop Bank’s Health Score of 81 is 13 points above the Massachusetts state average of 68 across 97 FDIC-insured banks. Its 16.66% Tier 1 capital ratio is 2.7 points above the US banking industry average near 14%. The 0.33% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.26% is in line with or above the national ROA benchmark of ~1.1%. Among 723 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, North Shore Bank A Coop Bank is 11 points above the portfolio average of 70.
Frequently Asked Questions
North Shore Bank A Coop Bank has a Bank Health Score of A (81/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 16.66%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. North Shore Bank A Coop Bank's Tier 1 capital ratio of 16.66% and nonperforming loan ratio of 0.33% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at North Shore Bank A Coop Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #26484). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
North Shore Bank A Coop Bank holds $1.7B in total assets and $1.4B in total deposits. It is headquartered in Peabody, Massachusetts (FDIC Certificate #26484).
North Shore Bank A Coop Bank has a Tier 1 capital ratio of 16.66%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.33%, and the return on assets is 1.26%.
Yes. North Shore Bank A Coop Bank is FDIC-insured (Certificate #26484). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
North Shore Bank A Coop Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.