Salem Coop Bank
Salem, New Hampshire · FDIC Cert #27824
This is the FDIC profile for Salem Coop Bank, an FDIC-insured bank (Certificate #27824) with $557M in total assets and $363M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Salem, New Hampshire, the bank maintains a Tier 1 capital ratio of 19.49% (Well-Capitalized) and a nonperforming loan ratio of 0.23%. BankHealthData assigns a composite Health Grade of B (70/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Salem Coop Bank (FDIC cert 27824) is a community bank — $557M in total assets, $363M in deposits, serving the Salem, New Hampshire area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 19.49% 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 0.23% 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 thin: 11.2% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is negative: ROA of -0.55% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Salem Coop Bank carries a composite BankHealth grade of B (70/100) 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: Salem Coop Bank
- Total Assets
- $557M
- Total Deposits
- $363M
- Tier 1 Capital Ratio
- 19.49%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.23%
- Liquidity Ratio
- 11.21%
- Return on Assets
- -0.55%
- Headquarters
- Salem, New Hampshire
- FDIC Certificate
- #27824
- Health Grade
- B (70/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Salem Coop Bank files quarterly Call Reports with the FDIC under Certificate #27824. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Salem Coop Bank holds a Tier 1 capital ratio of 19.49%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Salem Coop Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Salem Coop Bank shows strong financial health indicators. With $557M in assets and a Health Score of 70/100, 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 Salem Coop Bank Compares
Salem Coop Bank’s Health Score of 70 is 9 points below the New Hampshire state average of 79 across 19 FDIC-insured banks. Its 19.49% Tier 1 capital ratio is 5.5 points above the US banking industry average near 14%. The 0.23% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.55% is below the national ROA benchmark of ~1.1%. Among 1410 similarly-sized banks, the average Health Score is 79, meaning this bank ranks below its size cohort. Site-wide, Salem Coop Bank is 10 points below the portfolio average of 80.
Frequently Asked Questions
Salem Coop Bank has a Bank Health Score of B (70/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 19.49%, 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. Salem Coop Bank's Tier 1 capital ratio of 19.49% and nonperforming loan ratio of 0.23% 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 Salem Coop Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #27824). 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.
Salem Coop Bank holds $557M in total assets and $363M in total deposits. It is headquartered in Salem, New Hampshire (FDIC Certificate #27824).
Salem Coop Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #27824 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Salem Coop Bank has a Tier 1 capital ratio of 19.49%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.23%, and the return on assets is -0.55%.
Yes. Salem Coop Bank is FDIC-insured (Certificate #27824). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Salem 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.