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BankHealth

NORTH SHORE BANK A COOP BANK

PEABODY, MASSACHUSETTS · FDIC Cert #26484

A
Health Score
81/100
$1.7B
Total Assets
$1.4B
Total Deposits
16.66%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

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

0.33%
Nonperforming Loans
Low — healthy loan portfolio
16.02%
Liquidity Ratio
Adequate liquidity
1.26%
Return on Assets
Profitable — earning well on assets
$1.4B
Domestic Deposits
Total domestic deposits held

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.

Frequently Asked Questions

NORTH SHORE BANK A COOP BANK has a Bank Health Score of A (81/100). 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.

NORTH SHORE BANK A COOP BANK holds $1.7B in total assets and $1.4B in total deposits. It is located 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." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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