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The Savings Bank
Wakefield, MA · FDIC Certificate #90291 · Chartered 05/2
Total assets
$891.00M
Total deposits
$766.59M
Total equity
$83.37M
Net loans
$640.72M
Branches (offices)
9
Net income (YTD)
$1.92M
Rank: #1,156 of 4,213 U.S. banks by assets · #54 of 89 in Massachusetts. Assets changed 6.5% and deposits 5.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.44% |
| Return on equity | 4.66% |
| Net interest margin (YTD) | 2.64% |
| Equity to assets | 9.36% |
| Tier 1 leverage ratio | 9.45% |
| Uninsured deposits (share of deposits) | 28.2% |
| Noncurrent loans (share of loans) | 0.17% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 83.6% |
| Real estate loans (share of loans) | 99.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $638.45M | 99.6% | |
| Commercial & industrial | $6.85M | 1.1% | |
| Consumer / individual | $173.00K | 0.0% | |
| Construction & development | $46.21M | 7.2% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $729.28M | $649.89M | $1.59M | $74.79M |
| Jun 2023 | $752.96M | $674.68M | $646.00K | $73.85M |
| Jun 2024 | $812.08M | $709.89M | $77.00K | $75.57M |
| Jun 2025 | $836.54M | $728.48M | -$55.00K | $79.13M |
| Jun 2026 | $891.00M | $766.59M | $1.92M | $83.37M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $766.59M | 9 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $766.59M.
Similar-sized banks
Seattle Bank ($891.45M) · Traditions Bank ($890.94M)
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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