# READING COOP BANK
READING, MA · FDIC certificate 26620 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.19B | |
| Deposits | $1.02B | |
| Loans and leases | $969.4M | |
| Total equity | $77.0M | |
| Loans / deposits | 94.92% (p74 of band) | 87.10% |
| Liquid assets / assets | 12.48% (p12 of band) | |
| Uninsured deposits / deposits | 30.99% (p51 of band) | 30.76% |
| Brokered deposits | 2.83% | |
| Wholesale funding | 8.82% (p60 of band) | |
| FHLB advances / assets | 5.99% | |
| Tier 1 leverage | 7.35% (p2 of band) | 10.50% |
| Unrealized securities loss / equity | -23.66% (p15 of band) | -7.75% |
| AOCI / equity | 0.38% (p91 of band) | |
| ROA (annualized) | 0.42% (p7 of band) | 1.26% |
| Net interest margin | 3.32% (p27 of band) | 3.70% |
| Efficiency ratio | 80.79% (p94 of band) | |
| Noncurrent loans | 0.06% (p10 of band) | 0.51% |
| Net charge-offs (annualized) | 0.07% (p68 of band) | |
| Reserve coverage of noncurrent | 996.93% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 68.23% (p70 of band) | |
| Auto loans | $38,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -4.0% | |
| Employees | 117 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 0 |  | expense ratio p90, reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | reserve under noncurrent |  |
| 2013-09 | 1 | wholesale funding >15% | reserve under noncurrent |
| 2013-12 | 4 | loans exceed deposits, capital falling, reserve under noncurrent |  |
| 2014-03 | 4 | charge-offs p90 | reserve under noncurrent |
| 2014-06 | 4 |  |  |
| 2014-09 | 3 |  | charge-offs p90 |
| 2014-12 | 3 |  |  |
| 2015-03 | 3 |  |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 3 |  |  |
| 2015-12 | 2 |  | capital falling |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | wholesale funding >15% |
| 2017-12 | 2 | wholesale funding >15% |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 | brokered >10% | loans exceed deposits |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 0 |  | wholesale funding >15%, brokered >10% |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 2 | AOCI drag >20% of equity, construction >100% equity | capital falling |
| 2022-09 | 3 | securities losses >30% of equity |  |
| 2022-12 | 4 | capital falling |  |
| 2023-03 | 4 | brokered >10%, expense ratio p90 | AOCI drag >20% of equity, construction >100% equity |
| 2023-06 | 5 | wholesale funding >15%, construction >100% equity | brokered >10% |
| 2023-09 | 6 | brokered >10% |  |
| 2023-12 | 6 | loans exceed deposits | brokered >10% |
| 2024-03 | 7 | deposits shrinking |  |
| 2024-06 | 6 |  | deposits shrinking |
| 2024-09 | 6 | deposits shrinking | capital falling |
| 2024-12 | 4 |  | expense ratio p90, deposits shrinking |
| 2025-03 | 4 | brokered >10%, reserve under noncurrent | construction >100% equity, loans exceed deposits |
| 2025-06 | 6 | leverage <7%, expense ratio p90 |  |
| 2025-09 | 3 | capital falling | securities losses >30% of equity, wholesale funding >15%, brokered >10%, expense ratio p90 |
| 2025-12 | 2 | expense ratio p90 | leverage <7%, capital falling |
| 2026-03 | 1 |  | reserve under noncurrent |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2002-12-26 [Arlene Smith Obituary (2002) - Reading, MA - Douglass Edgerley & Bessom Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxPdmpDYV9wdkVobTFTcXdIbFMwMXBNMmNTTHhnZmM1SVpzQWNTTDBkUl9YQkdKeVlEMjlGbDMyOGVacGZLSmpUSFRWSFZPQjhvYmJRRzd3V0NCZkxTU01Vd2hHVzh5bUtKSTAya2N0R3NDbDU2WDF2SldRUE1OV3M3cw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26620 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/60.json (key "26620", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide