# BARRE SAVINGS BANK
BARRE, MA · FDIC certificate 90148 · asset band <$300M · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $153.3M | |
| Deposits | $125.5M | |
| Loans and leases | $116.4M | |
| Total equity | $12.3M | |
| Loans / deposits | 91.61% (p83 of band) | 72.92% |
| Liquid assets / assets | 19.54% (p21 of band) | |
| Uninsured deposits / deposits | 11.79% (p40 of band) | 13.88% |
| Brokered deposits | 1.69% | |
| Wholesale funding | 8.53% (p80 of band) | |
| FHLB advances / assets | 6.85% | |
| Tier 1 leverage | 7.49% (p3 of band) | 10.70% |
| Unrealized securities loss / equity | 5.58% (p89 of band) | 1.19% |
| AOCI / equity | 1.71% (p84 of band) | |
| ROA (annualized) | -8.12% (p0 of band) | 0.83% |
| Net interest margin | 3.33% (p32 of band) | 3.64% |
| Efficiency ratio | 400.31% (p100 of band) | |
| Noncurrent loans | 0.86% (p56 of band) | 0.70% |
| Net charge-offs (annualized) | 0.00% (p46 of band) | |
| Reserve coverage of noncurrent | 142.16% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 23.10% (p60 of band) | |
| Auto loans | $212,000 (0.18% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 6.0% | |
| Employees | 33 | |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 2 | wholesale funding >15% |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 1 |  | wholesale funding >15% |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 3 | loans exceed deposits, noncurrent p90 |  |
| 2012-12 | 3 | wholesale funding >15% | noncurrent p90 |
| 2013-03 | 5 | capital falling, losing money, charge-offs p90 | loans exceed deposits |
| 2013-06 | 4 |  | wholesale funding >15% |
| 2013-09 | 5 | loans exceed deposits, wholesale funding >15% | capital falling |
| 2013-12 | 3 |  | losing money, charge-offs p90 |
| 2014-03 | 4 | charge-offs p90 |  |
| 2014-06 | 2 |  | loans exceed deposits, wholesale funding >15% |
| 2014-09 | 1 |  | reserve under noncurrent |
| 2014-12 | 3 | loans exceed deposits, reserve under noncurrent |  |
| 2015-03 | 0 |  | charge-offs p90, loans exceed deposits, reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 2 | losing money, expense ratio p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2015-09-02 [Fidelity Bank to merge with Barre Savings - wbjournal.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE5EdGFoeXZmYnA4ZVV6V0NHMGJtRF9wRlNtZGlPRVQ3MTVWYUlpOHhIQk1URF9tMThyUkNQLVB1MEJqV0F0aVBsY09abFZyVkJmMVYxdTVaaDVKYlJ2aTNZVWFlT2RnM3lSRHBFMURGMVVoaDUxS2k4YURKcEw?oc=5) · wbjournal.com
- 2016-07-07 [Pamela Tortora Joins Fidelity Bank as a VP and Home Loan Specialist - citybuzz -](https://news.google.com/rss/articles/CBMirgFBVV95cUxPcWhhZ05uY2tjMVVHVHdzVlFXRF9OZTdVcTFuMENlTzctVTVXWkJCTzNtMjJvUWNRb0JHWnhfT29mdnJudWJWSE1VYzgzMWhGUVFXRUJsbmgxbWV4bnZSeXd6Y29yTTBNalhaVUk4Nm9SdUNBRl93b3JKbmpBZy1vWEhPR0ExVGNnTGNqTlV4TzJYakozWk1wNm8tX25PSFdhTERRcGR5SGZaakNxZEE?oc=5) · citybuzz -
- 2024-08-15 [Robert M. Killoran Obituary - Callahan Fay Caswell Funeral Home](https://news.google.com/rss/articles/CBMiWEFVX3lxTE01bDRCMkhMYnZOV0VNQTdjbkU3eW5reTlxTzBVaXFUbkZxalZsbzYwMVVFVXMzSF9fZTJvQ1B3QlhSZkxTeFZRVm1Da3BQeUNmS0YzcUdaZUY?oc=5) · Callahan Fay Caswell Funeral Home
- 2023-08-17 [Patricia A. Sirois Obituary - Worcester Telegram](https://news.google.com/rss/articles/CBMiW0FVX3lxTE1RcDBCY1ktVWRleHJhbloyeGJ2Q2l4ZzN3QWNxblF6clFZUGRpVG8zNEduMENMeFd2dmpYd0JuZDBwajVqQmVjbEsteUlxeGRBOU9zN1ZnR0I4OG8?oc=5) · Worcester Telegram
- 2008-09-15 [State-Chartered Banks Have Security Edge | Little known insurance provides consumers extra peace of mind - wbjournal.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNbHVzSDhRSjJFVnB1bnQxdUVQakkybk1NQzJxUTdLbUo5SzktQ0xtTXpxbVUwc1hsNHdaWVNLUFRLc3cyM2ZneTh2QXlnNEpsbllLUDI3UUxqUU9iM1M0a0RDSWJWU3V5NHNOak83RzB6TzRsLTlOTWMydERpd3dDZ0dQUGRRSHRYd3NEc3NJQUQwLUJ3TWFSbHRiWUZrNThPLXlHQ1RBVUczelBYblJmNnBwRDNBbXZ4ci1n?oc=5) · wbjournal.com
- 2014-08-07 [James Cappuccio Obituary - Fairhaven, MA - Dignity Memorial](https://news.google.com/rss/articles/CBMihgFBVV95cUxQb0FmaXlzQlEwR25PR1d0YnFOYUtZT0pVNEZvUGRjOUQ0SGhudmxSNThYVngwal9ONHFTczB5cXpWM0YxaHpYalJJUFFwZ04wX2JWVDRJT2hlZFZnSEV4QkoyNzZrNWVzZnpiZGg0Q1MyV3RobFZ4dTA2ZjBldXU2YmtFWWE1QQ?oc=5) · Dignity Memorial
- 2006-12-02 [Angella Pellerin Obituary (2006) - Barre, MA - Worcester Telegram & Gazette - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPQTdfR3hsbUJneWJ6T0hEOW4taGNsXzRMVE9LWVZBR1JidFBURHFpMmlvVm1VeXNha3Y0bkhUNll0NjY1Z0NzUWFaWklQLVdERnpaX3BVcTd3bTRhY2ZFMG9FTkVjeHhsOE5CLWtYb0xYemVlQldfWW9iQVRWYjAtSHJJXy1hQm00Q3JMektWTURCZw?oc=5) · legacy.com
- 2007-05-20 [William P. Coomey, 57 - Worcester Telegram](https://news.google.com/rss/articles/CBMilgFBVV95cUxQbzFUdjFhc1FXNWNJcXdyM0p6WmhVZFl0Vjhvd1ZXM1pGdl9sdmh1VVBjc3RoWlR2cWsxaWRObUhwSTBxSGlJbXNhdWtpX3VXZUdqajlLMEU1dXhSQ2JDTk5QcURCTWoxZV8tZ25SM0JLcjVTVHhTSEdXWFpFX3ppRXVGMlA4NWtsWUdKQVNjaWVidU85d0E?oc=5) · Worcester Telegram

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=90148 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/36.json (key "90148", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide