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Q2 2026 · read from the 30 June 2026 Call Report · United States · New England · Massachusetts, the state note

Savings Bank

Wakefield, Massachusetts · $891M in assets · beside the 11 other Massachusetts banks between $300M and $1B

The filing

94.4%
Efficiency
11th of 12
84.2%
Loans / deposits
3rd of 12
0.17%
NPA / loans
3rd of 12

Savings Bank is the sixth largest of the 12 Massachusetts banks nearest its size between $300M and $1B, with $891M in assets at 30 June 2026. Loans are 84.2% of deposits, 3rd of 12 against a median of 89.5%, and equity is 9.4% of assets, 9th of 12. Loans grew +6.0% in the year, 6th of 12, and deposits grew 5.2%; the cohort's median loan growth is +5.4%.

Noncurrent loans are 0.17% of the book, 3rd of 12 against a median of 0.38%; 0.39% is 30 to 89 days past due, and the allowance covers them 4.3 times. Commercial real estate is 29.0% of loans, 5th of 12 against a median of 34.8%, and 223% of capital, below the 300% screen, with construction at 55% against the 100% screen.

Return on assets is 0.43%, 8th of 12 against a median of 0.50%, on an efficiency ratio of 94.4%, 11th of 12. Five years ago it was 0.52%. The question is which of these lines moves first over the next four quarters, and against which peer.

The efficiency ratioMA banks $300M to $1B · 30 June 2026 · lower is stronger, listed first
median 76.2% MC Mechanics Coop Bank 61.5% WC Winchester Coop Bank 66.1% MS Monson Savings Bank 66.4% SC Savers Coop Bank 70.9% Bo Bank of Canton 73.9% SA Stonehambank A Coop Bank 75.7% GC Greenfield Coop Bank 76.8% CH Coastal Heritage Bank 83.1% EB Eagle Bank 84.1% CS Clinton Savings Bank 93.2% SB Savings Bank 94.4% RB Rollstone Bank & Trust 99.1%
Loans, year over yearMA banks $300M to $1B · 30 June 2026 · no better direction, largest first
median +5.4% EB Eagle Bank +14.6% GC Greenfield Coop Bank +7.9% MS Monson Savings Bank +7.3% MC Mechanics Coop Bank +7.0% WC Winchester Coop Bank +6.8% SB Savings Bank +6.0% SA Stonehambank A Coop Bank +4.8% Bo Bank of Canton +2.6% SC Savers Coop Bank -0.5% CS Clinton Savings Bank -2.5% CH Coastal Heritage Bank -3.3% RB Rollstone Bank & Trust -12.9%

SBA 7(a), FY2008 to FY2026

Savings Bank is the 173rd largest 7(a) lender into Massachusetts of 309, with $3M across 17 loans, 0.0% of everything approved in the state (Eastern Bank leads with $778M). Every market on its book has had an approval since FY2023.

Where it lends in Massachusetts, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Middlesex, MA$2M100th of 1900.1%+0.2 pts
Essex, MA$1M76th of 1290.1%+0.2 pts
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Professional & technical services4$507K18.6%0.00%1255th of 1,955
Construction1$500K18.4%0.00%1461st of 2,063
Health care & social assistance4$498K18.3%0.00%1461st of 2,172
Administrative & waste services2$370K13.6%0.00%1166th of 1,763
Educational services1$350K12.9%0.01%669th of 1,136
7(a) lenders into Massachusetts, share of approvals since FY2008309 lenders on record; the ten largest and Savings Bank
EB Eastern Bank 12.2% $778M · 8,606 loans LO Live Oak Banking Company 6.9% $442M · 354 loans RT Rockland Trust Company 6.7% $426M · 1,996 loans TB TD Bank, National Association 4.6% $295M · 2,208 loans CB Citizens Bank, National Associati… 4.1% $261M · 1,649 loans BB Beacon Bank and Trust 3.8% $246M · 1,377 loans WB Webster Bank National Association 3.1% $202M · 579 loans SF Salem Five Cents Savings Bank 2.8% $179M · 667 loans Ma Manufacturers and Traders Trust C… 2.2% $142M · 794 loans LB Leader Bank, National Association 2.0% $126M · 675 loans TS The Savings Bank 0.0% $3M · 17 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 7 CBLR filers, Savings Bank among them; owner-occupied excluded; bold marks a screen met
Savings BankRankCohort median
Total CRE against capital, the 300% screen223%6th of 12245%
Construction against capital, the 100% screen55%7th of 1250%
Construction and land development, share of loans7.2%8th of 127.1%
Non-owner-occupied nonfarm nonresidential, share of loans9.8%3rd of 1216.1%
Total CRE, the guidance definition, share of loans29.0%5th of 1234.8%
CRE growth over 36 months, the third prong+18.6%7th of 12+17.8%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Coastal Heritage Bank$984M0.4%83.1%0.60%0.00%1.1%95.6%11.0%
Winchester Coop Bank$947M0.6%66.1%0.43%0.00%0.4%89.9%11.6%
Stonehambank A Coop Bank$918M0.5%75.7%0.32%0.00%1.0%93.0%7.7%
Greenfield Coop Bank$902M0.6%76.8%0.72%0.00%1.0%69.7%10.9%
Mechanics Coop Bank$899M1.2%61.5%0.03%0.00%0.9%109.8%13.2%
Savings Bank$891M0.4%94.4%0.17%0.00%0.8%84.2%9.4%
Rollstone Bank & Trust$816M0.1%99.1%0.20%0.00%0.9%85.4%8.6%
Monson Savings Bank$806M0.9%66.4%0.23%0.01%0.7%88.4%9.4%
Savers Coop Bank$783M0.7%70.9%3.64%0.04%1.4%108.9%10.4%
Bank of Canton$783M0.5%73.9%0.90%-0.01%1.3%81.4%14.6%
Clinton Savings Bank$745M0.3%93.2%0.50%0.66%1.2%89.1%8.0%
Eagle Bank$709M0.3%84.1%0.04%0.00%0.9%95.0%9.9%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Savings BankCohort median
20212026Change20212026Change
Loans$473M$646M+36%$482M$625M+30%
Deposits$605M$767M+27%$580M$701M+21%
NPA / loans0.26%0.17%-0.09 pts0.41%0.38%-0.04 pts
Efficiency85.7%94.4%+8.7 pts75.1%76.2%+1.2 pts
ROA0.52%0.43%-0.09 pts0.66%0.50%-0.16 pts

This read was prepared for 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 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 pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort MA banks $300M to $1B
Institution www.tsbdirect.bank

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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