|
 |
|
|
 Washington Savings Bank
Washington Savings Bank
| RSSD ID 654300 | CERTIFICATE 90229 | ABA NUMBER 211374004 |
| 30 Middlesex St |
Quarter Ended : |
2025-12-31 |
| Lowell, Massachusetts, 1852 |
Updated : |
2026-01-28 |
| www.washingtonsavings.com |
|
| Institution Profile |
| Year Opened : |
1892 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
41 |
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 305,936 |
|
Total Interest Income | 12,727 |
| Total Liabilities | 277,915 |
|
Total NonInterest Income | 897 |
| Total Bank Equity Capital | 28,021 |
|
Total Interest Expense | 5,959 |
| Total Deposits | 240,663 |
|
Total NonInterest Expense | 7,108 |
| Net Loans & Leases | 238,648 |
|
Net Income | 416 |
| Loan Loss Allowance | 1,544 |
|
Net Charge Offs | 5 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 30,602 |
|
Total loans | 238,373 |
| Total assets for the leverage ratio | 299,742 |
|
Loans secured by real estate: | 237,915 |
| Tier 1 Leverage Ratio | 9.65 |
|
Commercial and industrial loans | 87 |
| Tier 1 Capital Ratio | 16.57 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 17.52 |
|
Loans to individuals - Other | 371 |
|
|
|
|
:· Washington Savings Bank
