Newburyport Five Cents Savings Bank
Newburyport, Massachusetts · $1.57B in assets · beside the 11 other Massachusetts banks between $1B and $3B
The filing
Newburyport Five Cents Savings Bank runs the highest efficiency ratio of the twelve Massachusetts banks between $1B and $3B, 88.8% against a median of 75.4%, and earned 0.39% on assets in the year to June 2026, tenth of twelve.
Deposits fell 4.9% over the year, eleventh of twelve, and loans 2.5%. Loans stand at 104% of deposits. Noncurrent loans are 1.66%, ninth against 0.70%, though down from 2.57% a year ago; the allowance covers them 0.8 times.
Equity is 9.1% of assets, eleventh. Commercial real estate is 38.6% of the book with construction at 7.7%, tenth. A shrinking deposit base under a cost line this high is a margin and funding question first.
SBA 7(a), FY2008 to FY2026
Newburyport Five Cents Savings Bank is the 86th largest 7(a) lender into Massachusetts of 309, with $11M across 70 loans, 0.2% of everything approved in the state (Eastern Bank leads with $778M). 2 of its 9 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.
| County | Approved | Rank | Share | Trend |
|---|---|---|---|---|
| Essex, MA | $8M | 22nd of 129 | 1.0% | -0.4 pts |
| Rockingham, NH | $4M | 29th of 108 | 0.8% | -0.5 pts |
| Strafford, NH | $4M | 11th of 57 | 2.8% | -8.9 pts |
| Middlesex, MA | $2M | 97th of 190 | 0.1% | +0.0 pts |
| Suffolk, MA | $996K | 69th of 130 | 0.2% | -0.1 pts |
| Hillsborough, NH | $660K | 66th of 117 | 0.1% | quiet FY2022 |
| Norfolk, MA | $200K | 127th of 145 | 0.0% | quiet FY2020 |
| York, ME | $170K | 56th of 67 | 0.1% | -0.2 pts |
| Carroll, NH | $25K | 46th of 47 | 0.0% | thin |
| Industry | Loans | Approved | Share of book | Share of sector | Rank |
|---|---|---|---|---|---|
| Other services | 17 | $5M | 22.9% | 0.01% | 567th of 2,248 |
| Construction | 20 | $3M | 14.2% | 0.01% | 772nd of 2,063 |
| Accommodation & food services | 14 | $3M | 12.9% | 0.00% | 1117th of 2,596 |
| Health care & social assistance | 8 | $2M | 8.6% | 0.00% | 921st of 2,172 |
| Manufacturing | 12 | $2M | 8.6% | 0.00% | 1150th of 2,246 |
Commercial real estate against capital
| Newburyport Five | Rank | Cohort median | |
|---|---|---|---|
| Total CRE against capital, the 300% screen | 294% | 9th of 12 | 264% |
| Construction against capital, the 100% screen | 58% | 10th of 12 | 34% |
| Construction and land development, share of loans | 7.7% | 10th of 12 | 5.2% |
| Non-owner-occupied nonfarm nonresidential, share of loans | 22.1% | 9th of 12 | 17.7% |
| Total CRE, the guidance definition, share of loans | 38.6% | 9th of 12 | 34.3% |
| CRE growth over 36 months, the third prong | +17.9% | 9th of 12 | +13.7% |
Among its peers
| Institution | Assets | ROA | Efficiency | NPA / loans | Net charge-offs | Allowance / loans | Loans / deposits | Equity / assets |
|---|---|---|---|---|---|---|---|---|
 Cape & Coast Bank | $1.68B | 0.5% | 77.4% | 0.94% | 0.00% | 0.7% | 104.3% | 9.6% |
| ECEverett Coop Bank | $1.67B | 0.8% | 56.5% | 0.10% | 0.00% | 0.7% | 116.6% | 9.7% |
 Main Street Bank | $1.67B | 0.6% | 75.7% | 1.69% | -0.02% | 0.9% | 90.1% | 11.0% |
 East Cambridge Savings Bank | $1.66B | 0.4% | 81.9% | 0.20% | 0.00% | 0.6% | 100.2% | 9.4% |
 Bluestone Bank | $1.62B | 0.3% | 83.1% | 1.04% | 0.16% | 0.6% | 90.6% | 8.1% |
| BBankhometown | $1.60B | 0.6% | 58.9% | 2.74% | 0.96% | 1.4% | 93.9% | 11.8% |
 Newburyport Five Cents Savings Bank | $1.57B | 0.4% | 88.8% | 1.66% | 0.33% | 1.3% | 104.0% | 9.1% |
 Greenfield Savings Bank | $1.52B | 0.6% | 76.5% | 0.42% | 0.00% | 0.8% | 100.7% | 9.3% |
 Watertown Savings Bank | $1.44B | 0.8% | 67.5% | 0.17% | 0.00% | 0.3% | 52.6% | 11.6% |
 Marthas Vineyard Bank | $1.33B | 0.6% | 75.2% | 0.09% | 0.00% | 0.8% | 105.5% | 11.1% |
 Fidelity Coop Bank | $1.31B | 0.8% | 74.7% | 4.44% | 1.88% | 1.8% | 86.3% | 12.4% |
 Webster Five Cents Savings Bank | $1.31B | 0.9% | 69.7% | 0.46% | 0.49% | 0.8% | 97.8% | 12.0% |
| Newburyport Five | Cohort median | |||||
|---|---|---|---|---|---|---|
| 2021 | 2026 | Change | 2021 | 2026 | Change | |
| Loans | $1.02B | $1.31B | +29% | $858M | $1.26B | +47% |
| Deposits | $1.05B | $1.26B | +20% | $1.08B | $1.26B | +17% |
| NPA / loans | 0.10% | 1.66% | +1.56 pts | 0.25% | 0.70% | +0.45 pts |
| Efficiency | 76.3% | 88.8% | +12.5 pts | 71.0% | 75.4% | +4.4 pts |
| ROA | 0.53% | 0.39% | -0.14 pts | 0.77% | 0.63% | -0.14 pts |
This read was prepared for Newburyport Five Cents Savings Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.
The full pack on Newburyport Five Cents Savings Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.
Ask for the packPrepared 6 September 2026
Filing 30 June 2026
Cohort MA banks $1B to $3B
Institution www.newburyportbank.com
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