# SAVINGS BANK
WAKEFIELD, MA · FDIC certificate 90291 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (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 | $891.0M | |
| Deposits | $766.6M | |
| Loans and leases | $645.6M | |
| Total equity | $83.4M | |
| Loans / deposits | 83.58% (p55 of band) | 82.04% |
| Liquid assets / assets | 21.76% (p38 of band) | |
| Uninsured deposits / deposits | 28.23% (p60 of band) | 25.97% |
| Brokered deposits | 3.83% | |
| Wholesale funding | 7.70% (p69 of band) | |
| FHLB advances / assets | 3.87% | |
| Tier 1 leverage | 9.45% (p22 of band) | 10.81% |
| Unrealized securities loss / equity | -39.43% (p8 of band) | -8.10% |
| AOCI / equity | -0.79% (p30 of band) | |
| ROA (annualized) | 0.44% (p10 of band) | 1.28% |
| Net interest margin | 2.64% (p5 of band) | 3.91% |
| Efficiency ratio | 94.41% (p97 of band) | |
| Noncurrent loans | 0.17% (p31 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p40 of band) | |
| Reserve coverage of noncurrent | 433.72% | |
| Real estate % of loans | 99% | |
| Construction % of loans | 55.43% (p61 of band) | |
| Auto loans | $66,000 (0.01% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 109 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **securities losses >30% of equity** (`cap_secloss`)
- **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 | expense ratio p90 |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 2 |  | capital falling |
| 2012-03 | 1 |  | expense ratio p90 |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | reserve under noncurrent |
| 2013-09 | 1 | expense ratio p90 |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 3 | capital falling, reserve under noncurrent |  |
| 2015-09 | 2 |  | reserve under noncurrent |
| 2015-12 | 1 |  | capital falling |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | loans exceed deposits, capital falling |  |
| 2017-12 | 2 |  | loans exceed deposits |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | loans exceed deposits |  |
| 2018-09 | 2 |  | loans exceed deposits |
| 2018-12 | 2 | loans exceed deposits | capital falling |
| 2019-03 | 0 |  | expense ratio p90, loans exceed deposits |
| 2019-06 | 1 | expense ratio p90 |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | losing money |  |
| 2020-06 | 2 | capital falling | losing money |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | expense ratio p90 |
| 2022-06 | 2 | securities losses >30% of equity |  |
| 2022-09 | 3 | AOCI drag >20% of equity |  |
| 2022-12 | 3 | expense ratio p90 | capital falling |
| 2023-03 | 1 |  | AOCI drag >20% of equity, expense ratio p90 |
| 2023-06 | 3 | capital falling, expense ratio p90 |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | capital falling |
| 2024-03 | 5 | NIM <2.5%, noncurrent p90, reserve under noncurrent |  |
| 2024-06 | 6 | capital falling |  |
| 2024-09 | 5 |  | capital falling |
| 2024-12 | 5 |  |  |
| 2025-03 | 5 |  |  |
| 2025-06 | 4 | losing money | NIM <2.5%, noncurrent p90 |
| 2025-09 | 3 | charge-offs p90 | reserve under noncurrent, losing money |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 | capital falling | charge-offs p90 |
| 2026-06 | 3 |  |  |

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

- 2026-05-05 [Cambridge Savings Bank expands into NH in $80.9M deal - Banking Dive](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPSDBEc3VUYk5KT3drOHplQmJvbWNCakZiTVg4TFM4WDAxVUpwV3luRmltWUN5RHAyTkRONENtRnRqaXdVZ1pFdkM1Sy1JU3h3SWpOX0FRcTJBemMtSTFiR1dfaThic0hXVUlPTHVBTWZ1bzRYampvWTUwNHlKVUlxeXVZTnhiTUk3LWk4bjdJZHNrN3puNHZYVjZvYUswR3gyQnhsSWhDUS12aVVaTVk0bHI3TnNILXlF?oc=5) · Banking Dive
- 2026-06-16 [Greenfield Savings Bank opens branch in Easthampton, Massachusetts - ATM Marketplace](https://news.google.com/rss/articles/CBMipAFBVV95cUxPNUdwMGxxQmZ5SWFZNXp6eG1jZ0lfc2w4elZuMW1oTXgwOTdzU1FkZTBuTGlkT1QxY2h3a1ZyZjVTMjJOTzV6VjlNV0NZSE1sbFNXbV82Zk1FdVplTGJrUzFlaHJDa2lOQkxiX0lHVjc2WkVzb0ZtYUlick5KVWYwbXRBRzZzaHVnTGhZY2ZTaDlLSmtYZE9BMXhWQ2VwdmZlangteg?oc=5) · ATM Marketplace
- 2026-07-30 [Monson Savings Bank donates $1K to Miracle League of Western Mass. - WWLP](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQWHBzMVdOaGFoNVBFNGo2MzdxendJQ21wMWc1RGtSQzBXRkh5bkFYQnYyemJVZm1CTWJDWkhIMlRMeVp3NWhTaWVkNDNDbHpqTTRsR293VVA2QkxsaEFGTEUzUkRxeklXU2ZlT25mSDR5ZVE0UUpvOXBnby1xci0zNVpSYzZQX0RNSnREa0JxRV8zU2dIMERmSzVNZ2kwVGJkX0ZGUHlWUjhGLWtWU1RPYTNhVXVkTWZ20gG-AUFVX3lxTFBkNFRLV3kyQnBhUUVsVGU2WDNrcGltVDlXSDN4UmJ5WGpoTldpOFdjbnBiTGk3ekxIa2NMREt0bVZQQWhaNUlCNFFDZE1IQTFMNkFDOHJ0NUUxRzM1eGYtd2dHRENxWmc4T0pBaUFkb3NzTkJ3TnVNUzlLcDI4VDZOLTBPaUxYREhCTkdaQWl6N2s0MXlMTkdBS2tCNnlUQ3ZoRTlYN0RqSWVJS29ITHRVclNKdG9WVXlhZnJSa1E?oc=5) · WWLP
- 2026-05-24 [Mass. Migration Aiding Bank Movement to New Hampshire - Banker & Tradesman](https://news.google.com/rss/articles/CBMijAFBVV95cUxOQVBXd1pVMUFJamkyTW0wQWsyUFh2dlJHQnZlT0VXcXI0UzNwb25DV3VxaTdHNTZQa01XNWY3bWFHWWotWmJhMk9ESjYxNllNTkEzQnJCejdLODhiRkdweWlDcmVwa3RHcHY3MTBXclNieUdQNmNWTVhTUDZKdmtXQ0xKS09OM2QwbGRiVA?oc=5) · Banker &amp; Tradesman
- 2026-01-29 [Greenfield Savings Bank CEO, President Thomas J. Meshako to retire: CFO Peter Albero to take the helm in April - Greenfield Recorder](https://news.google.com/rss/articles/CBMi7wFBVV95cUxPdjJjTVBCYlZ0YnpXbGRfeTF4TTV2enVSd0NQbTJldDl3Vi10UHlXWlVCRDIyX2xDZ1F6djZTSlBXdzFJUWZROVR3Zjk5V19EVm1LZlU5TGVKTHVyaC1zUVR5ZlJtQURJdC0xbTRNN0VINkZGS2ljX0hEMldhZ3Z1OHFKWTZWU1lkNW02SWRvNHhaSVhwcDQ3U001aEs4LThmYTU0TW9pRkdLS3hEMVphSmpWVmJKT1lpRV9paVZzdllRREp1U0Zvc2dQaXpVS3o5dklfYVdKRERlUEhablFqa2p1eHpya3d2OXphem41VQ?oc=5) · Greenfield Recorder
- 2026-05-13 [bankESB, once Easthampton Savings Bank, rebranding statewide to TruNorth Bank - masslive.com](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOTGU2eGZfX2dzd3pCQ3luTWpyTzRoQTJrWm9IU2NHOFVTRTI4STR3c3NvN2t5M2M4cm16eW9OZE5OU241d09DSVBnOHBNdkZKa0pZbmRuSVNDRGs5OU5NVTlJR3U3Y3hhblNQa3NSakppa1NaZkcwdUNtZnlseUQxYkJmWWg5QjNHS1VwcVN3c1BHV29ENzFER2NPT3VzTVVnU0xxT21GS3d0emU1bW9weTNQM1pnUS1zUVpPeV9UWkxtQTQ?oc=5) · masslive.com
- 2025-11-03 [A South Shore bank is now owned by North Shore Bank - The Business Journals](https://news.google.com/rss/articles/CBMipAFBVV95cUxOSG5QamFNYjM2cGYzTFJncVdFaGNqRWZJNENLdU5WM21walYyY1lVYkw3YWNyemlzQUZOaTVyUElYdktwT3Yta0FITEJhZnRlR0xnSVVsNFpKSExFSG9fMkhFajQ3N3l5Q3NhdWoxQXExTlloaVEtMTRObnZPSlprT2Nmb0lZMmVIckxIUU0zLU9wX0Z2N2pua2kyRURmek9SUXp3aA?oc=5) · The Business Journals
- 2026-01-05 [Cornerstone Bank, Athol Savings Bank Finalize Merger - Patch](https://news.google.com/rss/articles/CBMimAFBVV95cUxQa2NjZjNWaW8xSXlnSExwbHFIcGhEdlVKLUo1R3R3V1VIelBQVF9PYVhUenR3V2pDQ2ZpMThYOXVEckp6bUxKODFfN1VHUzY4d3ZuMnBDOWtMeE1oWWRUZWNTd2FkSUh6TjBncUhjMlRFVVJBSGl6dk5FSXZncmVOX0UtcFZGMGhlODVlbi03U2dLeG1kX2p1OQ?oc=5) · Patch

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=90291 (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/51.json (key "90291", 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