Walpole Co-operative Bank is an FDIC insured institution headquartered at
982 Main St, Walpole, MA 02081.
It was founded in
1912 and has approximately $1 billion in
assets. Customers can open an account at one of its 1 branches.
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Overview 2025
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 26487
Date Established
1912
Assets
$ 612.62 million
Loans
$ 491.57 million
Deposits
$ 456.45 million
Capital
$ 112.25 million
Summary Balance Sheet as of March 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 36.09 million
Interest-bearing balances
$ 33.91 million
Total securities
$ 70.49 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 491.57 million
Loan loss allowance
$ 6.90 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 6.19 million
Total Assets
$ 500.38 million
LIABILITIES
Total deposits
$ 456.45 million
Interest-bearing deposits
$ 409.25 million
Deposits held in domestic offices
$ 456.45 million
% insured (estimated)
76.04%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 0.59 million
Subordinated debt
N.A.
All other liabilities
$ 2.46 millionn
Total Liabilities
$ 500.38 million
Shareholders’ Equity
$ 112.25 million
Summary Income Statement as of March 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 21.36 million
Total Interest Expense
$ 10.72 million
Net interest income
$ 10.64 million
Provision for loan and lease losses
$ 0.03 million
Total non interest income
$ 0.17 million
Total non interest expense
$ 9.48 million
Pre-tax Net Operating Income
$ 3.56 million
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Branches
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