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 The Savings Bank
The Savings Bank
| RSSD ID 711801 | CERTIFICATE 90291 | ABA NUMBER 211371366 |
| 357 Main St |
Quarter Ended : |
2025-03-31 |
| Wakefield, Massachusetts, 1880 |
Updated : |
2025-04-23 |
| www.tsbdirect.bank |
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| Institution Profile |
| Year Opened : |
1869 |
Institution Type : |
Stock and Mutual Savings bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
105 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 833,245 |
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Total Interest Income | 8,701 |
| Total Liabilities | 754,657 |
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Total NonInterest Income | 1,377 |
| Total Bank Equity Capital | 78,588 |
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Total Interest Expense | 4,048 |
| Total Deposits | 735,274 |
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Total NonInterest Expense | 6,031 |
| Net Loans & Leases | 604,307 |
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Net Income | 283 |
| Loan Loss Allowance | 5,939 |
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Net Charge Offs | 18 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 607,245 |
| Total assets for the leverage ratio | 835,175 |
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Loans secured by real estate: | 599,641 |
| Tier 1 Leverage Ratio | 9.73 |
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Commercial and industrial loans | 7,306 |
| Off Balance Sheet Exposures (%) | 7.9 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 246 |
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:· The Savings Bank
