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BlastPoint's Banking Scorecard

Salem Co-operative Bank

$100M-$1B Specialty: Commercial NH FDIC cert 27824

Designations: Mutual

Salem, NH

2 branches across MA · NH

2664 banks in the $100M-$1B peer group nationally 11 in NH
View $100M-$1B leaderboard (NH) →

Salem Co-operative Bank has 1 strength but faces 6 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Delinquency Rate 0.63% below tier average

Key Concerns

Areas that may need attention

  • - Flatlined Growth: Bottom 1.2% in tier
  • - Liquidity Overhang: Bottom 14.5% in tier
  • - Liquidity Strain: Bottom 47.0% in tier
  • - Return on Assets 0.99% below tier average
  • - Net Interest Margin 1.47% below tier average
  • - Efficiency Ratio 18.34% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (NH) National Avg Tier Percentile
Total Assets ? $570.4M
-0.9% YoY -0.3% QoQ
+$184.3M $386.1M
+0.5% YoY
$977.6M
+5.3% YoY
$6.2B
+9.1% YoY
78%
Total Loans ? $470.7M
+0.1% YoY -1.1% QoQ
+$215.0M $255.7M
+1.1% YoY
$770.5M
+4.0% YoY
$3.2B
+10.8% YoY
Top 13.7% in tier
Total Deposits ? $404.0M
+5.6% YoY +1.1% QoQ
+$76.0M $328.0M
+0.1% YoY
$822.1M
+5.6% YoY
$4.8B
+8.2% YoY
70%
Return on Assets ? 0.28%
+144.0% YoY +757.3% QoQ
-0.99% 1.27%
+12.9% YoY
2.50%
+26.1% YoY
1.23%
+13.4% YoY
Bottom 7.4% in tier
Net Interest Margin ? 2.46%
+34.7% YoY +18.1% QoQ
-1.47% 3.93%
+6.0% YoY
3.31%
+10.6% YoY
3.89%
+5.7% YoY
Bottom 2.9% in tier
Efficiency Ratio ? 83.63%
-43.6% YoY -17.6% QoQ
+18.34% 65.29%
-4.5% YoY
72.72%
-15.7% YoY
66.95%
-4.1% YoY
Bottom 11.4% in tier
Delinquency Rate ? 0.26%
-41.0% YoY -1.4% QoQ
-0.63% 0.89%
+18.8% YoY
0.86%
+40.0% YoY
0.95%
+18.8% YoY
60%
Loan-to-Deposit Ratio ? 116.52%
-5.2% YoY -2.2% QoQ
+39.88% 76.64%
+0.8% YoY
86.08%
-1.1% YoY
76.70%
+0.9% YoY
Bottom 1.5% in tier
Non-Interest-Bearing Deposit Share ? 13.23%
+2.1% YoY +6.6% QoQ
-8.79% 22.02%
-1.0% YoY
13.95%
-6.5% YoY
22.01%
-1.2% YoY
18%
Nonperforming Asset Ratio ? 0.21%
-40.4% YoY -2.2% QoQ
-0.42% 0.64%
+19.7% YoY
0.71%
+38.7% YoY
0.67%
+19.3% YoY
58%
Tier 1 Capital Ratio ? 18.38%
+2.6% YoY +2.4% QoQ
+2.55% 15.83%
+1.5% YoY
18.81%
-1.3% YoY
17.06%
+0.8% YoY
82%
Non-Interest Income / Assets ? 0.04%
+5.5% YoY -76.2% QoQ
-0.24% 0.28%
+9.3% YoY
1.05%
+15.4% YoY
0.32%
+4.1% YoY
Bottom 11.3% in tier

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (3)

Flatlined Growth

risk
#7 of 512 • Bottom 1.2% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 0.28%
(Tier: 1.27%, National: 1.23%)
worse than tier avg
512 of 512 Community banks match · 687 nationally
→ Stable +32 banks QoQ

Liquidity Overhang

risk
#108 of 739 • Bottom 14.5% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 18.38%
(Tier: 15.83%, National: 17.06%)
better than tier avg
Loan-to-Deposit Ratio: 116.52%
(Tier: 76.64%, National: 76.70%)
worse than tier avg
739 of 739 Community banks match · 939 nationally
→ Stable +13 banks QoQ | QoQ rank declining

Liquidity Strain

risk
#303 of 643 • Bottom 47.0% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature
Loan-to-Deposit Ratio: 116.52%
(Tier: 76.64%, National: 76.70%)
worse than tier avg
643 of 643 Community banks match · 1013 nationally
→ Stable -50 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2664 peers in $100M-$1B

Top Strengths (3 metrics)

367
Total Loans
size
Value: $470.72M
Peer Median: $255.72M
#367 of 2664 Top 13.7% in $100M-$1B
479
Tier 1 Capital Ratio
capital
Value: 18.38%
Peer Median: 15.83%
#479 of 2664 Top 17.9% in $100M-$1B
579
Total Assets
size
Value: $570.38M
Peer Median: $386.08M
#579 of 2664 Top 21.7% in $100M-$1B

Top Weaknesses (6 metrics)

2626
Loan-to-Deposit Ratio
liquidity
Value: 116.52%
Peer Median: 76.64%
#2626 of 2664 Bottom 1.5% in $100M-$1B
2588
Net Interest Margin
profitability
Value: 2.46%
Peer Median: 3.93%
#2588 of 2664 Bottom 2.9% in $100M-$1B
2469
Return on Assets
profitability
Value: 0.28%
Peer Median: 1.27%
#2469 of 2664 Bottom 7.4% in $100M-$1B
2363
Non-Interest Income / Assets
revenue_mix
Value: 0.04%
Peer Median: 0.28%
#2363 of 2664 Bottom 11.3% in $100M-$1B
2360
Efficiency Ratio
profitability
Value: 83.63%
Peer Median: 65.29%
#2360 of 2664 Bottom 11.4% in $100M-$1B
2181
Non-Interest-Bearing Deposit Share
funding
Value: 13.23%
Peer Median: 22.02%
#2181 of 2664 Bottom 18.2% in $100M-$1B
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