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Banks · Massachusetts

Bay State Savings Bank

Worcester, MA · FDIC Certificate #90311 · Chartered 03/0

Total assets
$580.27M
Total deposits
$513.71M
Total equity
$52.11M
Net loans
$485.41M
Branches (offices)
7
Net income (YTD)
$1.48M
Rank: #1,600 of 4,213 U.S. banks by assets · #66 of 89 in Massachusetts. Assets changed 4.9% and deposits 3.9% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)0.51%
Return on equity5.77%
Net interest margin (YTD)3.38%
Equity to assets8.98%
Tier 1 leverage ratio8.82%
Uninsured deposits (share of deposits)30.5%
Noncurrent loans (share of loans)0.47%
Net charge-offs (share of loans)0.01%
Loans to deposits94.5%
Real estate loans (share of loans)94.7%

Loan mix

CategoryAmountShare
Real estate loans$459.92M
94.7%
Commercial & industrial$24.53M
5.1%
Consumer / individual$5.23M
1.1%
Construction & development$15.73M
3.2%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$512.63M$460.03M$968.00K$44.30M
Jun 2023$538.14M$481.83M$802.00K$44.73M
Jun 2024$550.07M$491.45M$3.59M$47.84M
Jun 2025$553.39M$494.23M$808.00K$49.29M
Jun 2026$580.27M$513.71M$1.48M$52.11M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Massachusetts$513.71M7

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $513.71M.

Similar-sized banks

First National Bank & Trust Company Of Mcalester ($580.35M) · Salem Co-Operative Bank ($580.00M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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