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

Westfield Bank

Westfield, Massachusetts · $2.73B in assets · beside the 11 other Massachusetts banks between $1B and $3B

The filing

2.6x
Coverage of noncurrent
2nd of 12
314.7%
CRE / capital
11th of 12
68.2%
Efficiency
3rd of 12

Westfield Bank is the third largest of the 12 Massachusetts banks nearest its size between $1B and $3B, with $2.73B in assets at 30 June 2026. Loans are 91.3% of deposits, 5th of 12 against a median of 93.1%, and equity is 9.3% of assets, 8th of 12. Loans grew +4.8% in the year, 5th of 12, and deposits grew 3.1%; the cohort's median loan growth is +4.0%.

Noncurrent loans are 0.35% of the book, 4th of 12 against a median of 0.74%; 0.09% is 30 to 89 days past due, and the allowance covers them 2.6 times. Net charge-offs are 0.17% of loans, the highest in the cohort. Commercial real estate is 39.9% of loans, 9th of 12 against a median of 36.6%, and 315% of capital, above the 300% screen, with construction at 34% against the 100% screen.

Return on assets is 0.73%, 5th of 12 against a median of 0.71%, on an efficiency ratio of 68.2%, 3rd of 12. Five years ago it was 1.01%. The question is what the concentration does under a commercial real estate stress, and how much of it is owner-occupied (owner-occupied nonresidential is 7.6% of loans).

Commercial real estate against capital, the 300% screenMA banks $1B to $3B · 30 June 2026 · lower is stronger, listed first
median 270% AB Avidia Bank 137% FB Florence Bank 161% FR Fall River Five Cents Savings Bank 229% VB Village Bank 233% DI Dedham Institution for Savings 252% CB Cornerstone Bank 260% SS South Shore Bank 279% B Bankesb 281% CB Country Bank for Savings 289% BB Baycoast Bank 303% WB Westfield Bank 315% LF Lowell Five Cent Savings Bank 331%
Loans, year over yearMA banks $1B to $3B · 30 June 2026 · no better direction, largest first
median +4.0% CB Cornerstone Bank +38.0% LF Lowell Five Cent Savings Bank +9.0% SS South Shore Bank +7.7% FB Florence Bank +6.6% WB Westfield Bank +4.8% CB Country Bank for Savings +4.6% VB Village Bank +3.4% DI Dedham Institution for Savings +2.5% AB Avidia Bank +0.5% FR Fall River Five Cents Savings Bank -2.0% BB Baycoast Bank -4.4% B Bankesb -6.2%

SBA 7(a), FY2008 to FY2026

Westfield Bank is the 62nd largest 7(a) lender into Massachusetts of 309, with $17M across 125 loans, 0.3% of everything approved in the state (Eastern Bank leads with $778M). 5 of its 8 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

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
Hampden, MA$16M5th of 836.0%-8.0 pts
Hartford, CT$629K78th of 1010.1%quiet FY2021
New London, CT$580K39th of 610.4%quiet FY2021
Hampshire, MA$564K35th of 550.7%quiet FY2022
Berkshire, MA$350K36th of 480.3%quiet FY2011
Capitol, CT$325K85th of 1010.1%thin
Nw Hills, CT$150K36th of 370.2%thin
Middlesex, CT$58K41st of 460.1%quiet FY2012
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
Manufacturing23$4M23.6%0.01%747th of 2,246
Transportation & warehousing7$4M19.0%0.03%399th of 1,563
Retail trade18$3M16.4%0.01%949th of 2,589
Construction17$2M9.5%0.01%963rd of 2,063
Administrative & waste services17$2M8.4%0.01%635th of 1,763
7(a) lenders into Massachusetts, share of approvals since FY2008309 lenders on record; the ten largest and Westfield 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 WB Westfield Bank 0.3% $17M · 125 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 2 CBLR filers; owner-occupied excluded; bold marks a screen met
Westfield BankRankCohort median
Total CRE against capital, the 300% screen315%11th of 12270%
Construction against capital, the 100% screen34%6th of 1241%
Construction and land development, share of loans4.3%6th of 125.8%
Non-owner-occupied nonfarm nonresidential, share of loans28.2%10th of 1222.4%
Total CRE, the guidance definition, share of loans39.9%9th of 1236.6%
CRE growth over 36 months, the third prong+5.1%4th of 12+15.9%

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
Baycoast Bank$2.86B0.5%84.8%1.45%0.12%1.2%91.7%9.0%
Avidia Bank$2.77B1.0%65.3%0.75%-0.03%1.1%101.2%12.2%
Westfield Bank$2.73B0.7%68.2%0.35%0.17%0.9%91.3%9.3%
Dedham Institution for Savings$2.60B0.9%73.2%1.15%0.00%0.7%98.9%11.2%
Cornerstone Bank$2.57B0.6%83.5%0.35%0.04%0.4%99.8%8.8%
South Shore Bank$2.52B0.7%69.1%0.24%0.00%0.9%76.8%9.6%
Country Bank for Savings$2.24B0.8%70.0%1.14%0.00%1.0%101.6%14.2%
Village Bank$2.07B0.5%75.9%0.23%0.00%0.5%94.5%8.5%
Bankesb$2.02B0.5%69.6%1.67%0.08%1.2%91.2%9.7%
Florence Bank$2.01B0.7%68.3%0.46%0.01%0.7%71.5%10.7%
Lowell Five Cent Savings Bank$1.90B0.8%61.7%1.03%0.01%1.3%90.2%12.3%
Fall River Five Cents Savings Bank$1.86B0.4%83.5%0.73%-0.02%0.7%105.2%7.4%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Westfield BankCohort median
20212026Change20212026Change
Loans$1.88B$2.19B+17%$1.18B$1.73B+46%
Deposits$2.19B$2.40B+10%$1.52B$1.87B+23%
NPA / loans0.32%0.35%+0.03 pts0.34%0.74%+0.40 pts
Efficiency62.3%68.2%+5.9 pts67.2%69.8%+2.6 pts
ROA1.01%0.73%-0.28 pts0.92%0.71%-0.21 pts

This read was prepared for Westfield 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 Westfield 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 $1B to $3B
Institution www.westfieldbank.com

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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